NetFlix (NFLX) to $90 in the next 2 trading days

Call us crazy, but we think Netflix(NFLX) is headed to 90 this week. It seems all the negative press and headlines have turned from negative to somewhat positive. We have been a Netflix(NFLX) bull for sometime, and have rode calls for huge multibaggers at least 3 times this year. We think this will be the 4th.  Check out two of the calls (HERE) and (HERE).Chart has been melting higher on lower volume. At some point, somewhere around $85-87, shorts are going to start hitting their max pain target and start to cover. Also think Ichan exercising his calls shows how serious he is about the value of NetFlix.

We currently hold 87.50/90 Nov 23rd weekly calls.

 

 

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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2 thoughts on “NetFlix (NFLX) to $90 in the next 2 trading days”

  1. Looks like it didn’t hit $90. Is there still upside potential in the stock? It has stayed above the $82 resistance.  I personally grabbed a December call on this one, but I will be selling out of it breaks the big $82 resistance area.

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