NFLX just had a bullish EMA cross and price cross above 10WeekMA.
There is a decent gap to fill from $340-360.
Last week - 2 separate analyst upgrades with $400+ target. www.marketbeat.com/stocks/NASDAQ...
I have been using vertical put credit spreads last three days successfully for $80-$100+ each time on single put spread.
For those following along:
Today/Tomorrow EXITS
NFLX exit - 332.5/327.5 Put Spread. Sell to Close 327.5. Buy to close 332.5. Net Debit. Trying to fill at $1.36 or less. My first attempt to fill is .85 cents. We want to pay least as possible to buy back.
Other NFLX exit – 330/335 Put Spread. Sell to Close 330. Buy to Close 335. Net Debit. Trying to fill at $1.32 or less (47% profit). Again, buy back least as possible. May need to wait another day.
Today/Tomorrow ENTRY
NFLX 330/335 Put Spread. Jan 17 expiry. Sell to open 335. Buy to open 330. Net Credit. Trying for $2.90 or more. I would not enter below $2.50 credit. This order is meant to take advantage of a dip, if it happens. We have sell order if it goes up, and buy order if it goes down. Gap to fill above up to $360. January effect should bring this up after the first, when companies make 401K contributions for FY2019.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC. Short-term NFLX
There is a decent gap to fill from $340-360.
Last week - 2 separate analyst upgrades with $400+ target. www.marketbeat.com/stocks/NASDAQ...
I have been using vertical put credit spreads last three days successfully for $80-$100+ each time on single put spread.
For those following along:
Today/Tomorrow EXITS
NFLX exit - 332.5/327.5 Put Spread. Sell to Close 327.5. Buy to close 332.5. Net Debit. Trying to fill at $1.36 or less. My first attempt to fill is .85 cents. We want to pay least as possible to buy back.
Other NFLX exit – 330/335 Put Spread. Sell to Close 330. Buy to Close 335. Net Debit. Trying to fill at $1.32 or less (47% profit). Again, buy back least as possible. May need to wait another day.
Today/Tomorrow ENTRY
NFLX 330/335 Put Spread. Jan 17 expiry. Sell to open 335. Buy to open 330. Net Credit. Trying for $2.90 or more. I would not enter below $2.50 credit. This order is meant to take advantage of a dip, if it happens. We have sell order if it goes up, and buy order if it goes down. Gap to fill above up to $360. January effect should bring this up after the first, when companies make 401K contributions for FY2019.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC. Short-term NFLX
评论:
12/27 order is still profitable and will be closed today.
1/3 order still has a small loss (looks to be $15 of $220 credit premarket).
If we do not close 1HR candle below $331.08 EMA bullish cross is INTACT.
If EMA bullish cross on 1HR is intact, I will hold 1/3 expiry.
Please do your own due diligence and be responsible for your own decisions.
1/3 order still has a small loss (looks to be $15 of $220 credit premarket).
If we do not close 1HR candle below $331.08 EMA bullish cross is INTACT.
If EMA bullish cross on 1HR is intact, I will hold 1/3 expiry.
Please do your own due diligence and be responsible for your own decisions.
评论:
12/27 order was closed with $49 profit on $220 credit or 22.2% for holding over the weekend (4 days).
1/3 order still in play, slightly profitable, but will likely exit at breakeven. NFLX is stalling at the gap fill. Waiting for consolidation to take direction before further entry here.
1/3 order still in play, slightly profitable, but will likely exit at breakeven. NFLX is stalling at the gap fill. Waiting for consolidation to take direction before further entry here.
交易手动结束:
NFLX Jan 03 330/335 Put Credit Spread will be closed today.
NFLX is stalling. Not the best idea to hold over the Jan.1 deadline or past expiration.
The 330/335 put credit spread took in $2.54 up front.
Goal to exit with current price is $2.25 or less.
Approx. 11% profit for 6 days total (3 trading days) Weekend and Xmas hold.
NFLX is stalling. Not the best idea to hold over the Jan.1 deadline or past expiration.
The 330/335 put credit spread took in $2.54 up front.
Goal to exit with current price is $2.25 or less.
Approx. 11% profit for 6 days total (3 trading days) Weekend and Xmas hold.
Went down, stopped on EMA ribbon, and just chilling out.
Possible shake out before going higher.
Below $330 and I am cancelling the entry order for today.
Exit orders will hold unless we break $330. We will collect theta tomorrow for holding today. Stay strong.