Buying Swing: buying NFLX 140 Puts Oct at 2.10-.20 Bluckbust
Posted: Thu Sep 23, 2010 3:44 pm
Buying Swing: buying NFLX 140 Puts Oct at 2.10-.20 Bluckbuster went bankrupt and NFLX spiked, but here I think the market is due for a stronger multiday retrasement that should last into early next week, and up here NFLX should again consolidate. NFLX has been extremely strong, excessively she has gained from 40s up to here so will keep attempting bearish positions on her till they work.