Showing posts with label nflx. Show all posts
Showing posts with label nflx. Show all posts

Friday, March 8, 2013

Netflix update


NFLX

Nothing special here, slow uptrend

Friday, February 15, 2013

Netflix - extension paradise

Netflix gone wild. I counted 5 one-twos. Expect three-four 5 times soon, not less.

NFLX

Main strategy: Premium selling.

There will be only wave 4s and 5s from here - price will be range bound for some time.

Every time NFLX bounces up from support line (wave 4 range of the first complete impulse) you must be selling  put verticals.

Selling 4 times on weeklies is better than selling 1 monthly spread because Theta is bigger on weeklies and you can grab more premium faster.