• NFLX up $33 in after hours.

    From uncle_vito@21:1/5 to All on Tue Oct 18 15:14:18 2022
    I owned a long 355 call and short 365 call for a gain of $1000-$374. 374 is the cost of the call spread.

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    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Scream@21:1/5 to All on Tue Oct 18 18:24:40 2022
    On Tuesday, October 18, 2022 at 3:14:21 PM UTC-7, uncle_vito wrote:
    I owned a long 355 call and short 365 call for a gain of $1000-$374. 374 is the cost of the call spread.

    NFLX had a big move back in July, but since the last month went sideways.
    Today shows a red candle, selloff.
    MACD/Stoch indicators shows it overbought.
    We may see some downturn, I think, depends on the market!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From uncle_vito@21:1/5 to Scream on Wed Oct 19 16:46:48 2022
    On Tuesday, October 18, 2022 at 6:24:43 PM UTC-7, Scream wrote:
    On Tuesday, October 18, 2022 at 3:14:21 PM UTC-7, uncle_vito wrote:
    I owned a long 355 call and short 365 call for a gain of $1000-$374. 374 is the cost of the call spread.
    NFLX had a big move back in July, but since the last month went sideways. Today shows a red candle, selloff.
    MACD/Stoch indicators shows it overbought.
    We may see some downturn, I think, depends on the market!


    Took my gains this morning. After the cost of the options, made about $230. Stock continued to go up, but I believe in profiting on the "low hanging fruit" and possibly leave some on the table.

    I do not do long term holds on these, especially with the volatile market and an expected recession. I just traded the earnings announcement using options such that any downside loss was limited.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Scream@21:1/5 to All on Wed Oct 19 21:34:17 2022
    On Wednesday, October 19, 2022 at 4:46:51 PM UTC-7, uncle_vito wrote:
    On Tuesday, October 18, 2022 at 6:24:43 PM UTC-7, Scream wrote:
    On Tuesday, October 18, 2022 at 3:14:21 PM UTC-7, uncle_vito wrote:
    I owned a long 355 call and short 365 call for a gain of $1000-$374. 374 is the cost of the call spread.
    NFLX had a big move back in July, but since the last month went sideways. Today shows a red candle, selloff.
    MACD/Stoch indicators shows it overbought.
    We may see some downturn, I think, depends on the market!
    Took my gains this morning. After the cost of the options, made about $230. Stock continued to go up, but I believe in profiting on the "low hanging fruit" and possibly leave some on the table.

    I do not do long term holds on these, especially with the volatile market and an expected recession. I just traded the earnings announcement using options such that any downside loss was limited.

    Oh, wow!
    NFLX had a +$30 pop today to $272?
    Big gap from $240!
    Wonder if more upside move is ahead?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Scream@21:1/5 to Scream on Fri Oct 21 15:28:51 2022
    On Wednesday, October 19, 2022 at 9:34:20 PM UTC-7, Scream wrote:
    On Wednesday, October 19, 2022 at 4:46:51 PM UTC-7, uncle_vito wrote:
    On Tuesday, October 18, 2022 at 6:24:43 PM UTC-7, Scream wrote:
    On Tuesday, October 18, 2022 at 3:14:21 PM UTC-7, uncle_vito wrote:
    I owned a long 355 call and short 365 call for a gain of $1000-$374. 374 is the cost of the call spread.
    NFLX had a big move back in July, but since the last month went sideways. Today shows a red candle, selloff.
    MACD/Stoch indicators shows it overbought.
    We may see some downturn, I think, depends on the market!
    Took my gains this morning. After the cost of the options, made about $230. Stock continued to go up, but I believe in profiting on the "low hanging fruit" and possibly leave some on the table.

    I do not do long term holds on these, especially with the volatile market and an expected recession. I just traded the earnings announcement using options such that any downside loss was limited.
    Oh, wow!
    NFLX had a +$30 pop today to $272?
    Big gap from $240!
    Wonder if more upside move is ahead?

    NFLX has some momentum, eh?
    Today close at $289!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)