Netflix Inc (NFLX)

[L1ving]

Yep they bet in the wrong direction so they're trying to cover their azzes by buying the back the puts they sold at half price. Blatant criminal manipulation. My broker tried telling me they were priced for volatility and the market decides the price. Yeah, everyone that bought puts decided that they wanted to take a loss for a $20 price move in the direction they predicted. That explanation may work on a pea brain but the way I see it, we're just throwing money at the market so someone with billions can decide if we can have our scrap. Watched them run the price down on apple last Friday and then 1 minute before close someone bought $212,500,000.00 worth of shares in two trades. That wasn't manipulation or insider trading at all. Only way not to get burned by NFLX options right now is to flip intra day.