Buying Swing: NFLX bearish into AAPL event strategy NFLX 95
Posted: Wed Sep 09, 2015 12:25 pm
Buying Swing: NFLX bearish into AAPL event strategy
NFLX 95 90 pDS for this week 2X Oversized
95 90 85 pB for this week 1X Oversized
91 puts strait long 2X Oversized also for this week
85 October puts 2X Oversized
Into the AAPL event there is a chance that AAPL comes out with a Netflix competing product but apple doing so is so much more significant since they may bring networks into the fold with an ala cart service in a way Netflix has not. Plus if the hardware is a hit then it can add further traction to there efforts. Now few weeks back we had over a thousand x week so we are here taking what can be called a gamble since we do not know if such a product is ready. But if it is then NFLX could fall much more dramatically than it did on the HBO announcement. And yes I am putting a full 7x on the table that can easily disappear by the end of the day.
Why am I doing so much bearish on NFLX and so little today on AAPL? because I see AAPL as the company that could do damage to netflix in a way no other company is capable . Netflix has never focused on the hardware and if a true killer hardware device was to see the light of day then we could see a huge dramatic fall.
Again there may be less than a 50% chance that the offering is ready but despite this I have waited now for 4 years for AAPL to possibly be ready with a killer television based product and that may come to fruition today.
I think television and all the services including netflix are not intuitive and truly horrible in need of some serious help.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
NFLX 95 90 pDS for this week 2X Oversized
95 90 85 pB for this week 1X Oversized
91 puts strait long 2X Oversized also for this week
85 October puts 2X Oversized
Into the AAPL event there is a chance that AAPL comes out with a Netflix competing product but apple doing so is so much more significant since they may bring networks into the fold with an ala cart service in a way Netflix has not. Plus if the hardware is a hit then it can add further traction to there efforts. Now few weeks back we had over a thousand x week so we are here taking what can be called a gamble since we do not know if such a product is ready. But if it is then NFLX could fall much more dramatically than it did on the HBO announcement. And yes I am putting a full 7x on the table that can easily disappear by the end of the day.
Why am I doing so much bearish on NFLX and so little today on AAPL? because I see AAPL as the company that could do damage to netflix in a way no other company is capable . Netflix has never focused on the hardware and if a true killer hardware device was to see the light of day then we could see a huge dramatic fall.
Again there may be less than a 50% chance that the offering is ready but despite this I have waited now for 4 years for AAPL to possibly be ready with a killer television based product and that may come to fruition today.
I think television and all the services including netflix are not intuitive and truly horrible in need of some serious help.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!