Tag Archives: nflx

5-22 Watchlist

May 22nd Watchlist

What a great day yesterday, as the market shook off an opening drop and ramped up the rest of the day. Moves like that are the kind that options traders dream for… One directional! We haven’t had that in a few weeks, and most of the calls purchased Friday or at the open, were up big. Of course AAPL was the big winner as the 565 strikes were the most profitable trade. Lets see if AAPL continues its course, but remember to always lock some in on the way up and never look back!

 

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5-16 Watchlist ANF, SINA, LNKD, NFLX

It is Mid-week, and my favorite time of the month is coming. Option Expiration! The last few weeks have been very challenging times trading options. Take a look at UPB’s video from last night: https://www.optionmillionaires.com/2012/upb-may-15th-market-recap-outlook-spy-aapl-fosl-sina-jcp-sp-futures/

 

He made some great points around trading options in this environment. Also, sometimes its better to sit on your hands then force a trade. There is ALWAYS money to be made in any type of market, but you have to make sure you have money to play it!

 

Looks like the market is ramping pre-market. USD up 12 straight trading sessions and is still Green as I write this. There is always a pullback, and one on the USD is overdue. We shall see.

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NetFlix(NFLX) – Banking coin on the calls

Having the guts to buy something when everyone else is selling, can be a very stressful occupation. But when you are right, it can be VERY REWARDING. Take a look at what we said about NetFlix(NFLX) in our chatroom and watchlist Sunday night and Monday:

NFLX – Earnings next week. I think folks have the story wrong with the competition. Expect a ramp to $115-$120 by friday. Play accordingly

04-16 01:36:08 Message jimmybob Option Millionaires Live  NFLX gonna run like a beast soon... ill have my write up maybe later tonight.. still have jet lag
04-16 12:20:23 Message jimmybob Option Millionaires Live opentrade NFLX 110 calls 25 @ .30 avg

Today the stock closed at 107.02, and the $110 calls closed at $.93. Having the guts to go against the grain provided us with a 300% move so far. The real fun begins when NetFllix(NFLX) breaks $110 this week. We have written about Netflix(NFLX) a few times in the past month or so, and think folks have this stock wrong at the moment.
Lets see what tomorrow brings...

 

 

 

 

 

NetFlix (NFLX) : Bears are wrong…

Its very easy to jump on the "NetFlix sucks" bandwagon. Sure the CEO made a serious blunder splitting the digital and hard copy business, while also raising prices. Sure they made the mistake of buying back stock at the top, only to issue stock near the low to finance operations. And yes, it seems every day there is new competition to NetFlix(NFLX). But here is what folks should be asking themselves: "Who is truly their competition?"

Is it the fellow streaming services that are popping up everyday like Amazonand their 'Prime' offering, which just became available on the Playstation 3? Maybe it's the cable companies and satellite providers? Maybe the Kiosks like Redbox, or the DVD to digital service Walmart just started?

Do people cancel the subscription to Netflix(NFLX) because of any of the services listed above? I actually think NetFlix(NFLX) is a complimentary service. I have most of the services above, and never think to cancel my Netflix(NFLX) subscription. If i want to watch a movie i check Netflix(NFLX) first, then check Amazon, and then may buy it on Itunes if those services dont have it. The $7.99 per month price tag is something I hardly notice on my credit card statement.  Maybe I am wrong, but I think NetFlix is still a growth story, and I think Monday's earnings will reflect that.

NetFlix is currently trading at $104 as I write this, and think she gets some legs this week as folks start to get ahead of the earnings announcement next week. We currently hold the April $110 calls purchased at .29.