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RealDutch

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RealDutch

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Re: Helium-3 post# 4817

Thursday, 07/16/2015 12:06:05 PM

Thursday, July 16, 2015 12:06:05 PM

Post# of 12924
Btw, if anyone wants to play NFLX to the downside, you really should take a look at the chart first.

There is clearly (horizontal) support at $70. It will bounce off there if it drops that far. So you need to buy puts $80 or something close. And your option will be worth $20 ($2,000) a piece.

http://www.marketwatch.com/investing/stock/nflx/charts?symb=NFLX&countrycode=US&time=12&startdate=1%2F4%2F1999&enddate=7%2F16%2F2015&freq=1&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013

$70 is our target. Now we need to time this right and buy the right series. I'm thinking December, but let's wait and see how expensive they are.
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