Option Millionaires

[MNYC]

Nice. Not sure what it means for next week though. I only got in NFLX Puts right at the close because of the 1hr-chart very overbought situation (MACD turning) and to possibly profit on a gap down and quick dip on Monday, not holding the Puts too long.

What i've noticed NFLX doing after bigger white candles is have a red candle or dip each time after (whipsaw).

This latest run was probably fueled by shorts covering or some other little buyout-rumor again which got debunked. Nobody wants to buy NFLX. Too expensive, too much debt and much cheaper for those companies like Verizon, Amazon, Google, Apple to build their streaming services from scratch.