Monthly Archives: December 2010

NFLX Next Stop $35 Lower

When Netflix stock drops below $180, look for the next support level at about $155. Below $155, next stop is about $75.

Posted in Uncategorized | Tagged , | Comments Off on NFLX Next Stop $35 Lower

Sold 1 NFLX 200 Dec Put for 70% Gain in 1 day

Sold 1 Dec 200 put at $11 this morning paid $6.5 on Friday = $430 profit on this 1 day trade.

Posted in Uncategorized | Tagged | Comments Off on Sold 1 NFLX 200 Dec Put for 70% Gain in 1 day

Time to Buy More Puts ON PCLN

Buy 2 PCLN Dec $420 Puts for $6. PCLN currently at $422.

Posted in Uncategorized | Tagged | Comments Off on Time to Buy More Puts ON PCLN

NFLX added to S&P 500

Poor S&P. News of Netflix being added to the S&P boosted NFLX up 10 points after hours last night and with that gift, I bought another Dec 200 put for only $6.50.

Posted in Uncategorized | Tagged , | Comments Off on NFLX added to S&P 500

NFLX Bounces. Time to buy more puts.

You could not ask for more from netflix stock. NFLX is back up to $192 today. puts are not cheap anymore. Best strategy when it bounces like this is to buy in the money puts. Just bought a Dec 200 put for … Continue reading

Posted in Stocks | Tagged | Comments Off on NFLX Bounces. Time to buy more puts.

Netflix CFO Quits

It was good while it lasted NFLX longs. First the CFO dumped a bunch of stock over the last 12 months for $58 million and now he quits. After a nice bounce (thank you I got more puts)back over $199 a … Continue reading

Posted in Stocks | Tagged | Comments Off on Netflix CFO Quits

Silver and Gold Up Again

Gold climbs to over $1400 and Silver hits $30 an ounce. It still looks like gold and silver do well no matter what happens. Gold may reach $5000 an ounce in the next 3 years. Here are a few things … Continue reading

Posted in Economy, Stocks | Tagged , , | Comments Off on Silver and Gold Up Again

Priceline Stock Price is Out of Line

Give me a break. PCLN hits 414 today. Minutes before the close I bought a Dec 390 put.  I also have Jan puts on AMZN, PCLN and NFLX.

Posted in Stocks | Tagged , , | Comments Off on Priceline Stock Price is Out of Line

Thank You CNBC

On CNBC’s Strategy session they just had on a “noted short seller” Asensio say almost word for word what I have been saying about Netflix. ” They have nothing!” Note my post 3 days ago.  NFLX now at $188…ouch.  I hope … Continue reading

Posted in Stocks | Tagged | Comments Off on Thank You CNBC

400% in 1 day

That was fun. Bought a  put for $1.95 200 strike price on NFLX on Dec 1st and sold it the next morning at $10.00. I will buy more puts on this when it bounces. Looking to buy AMZN, PCLN puts today … Continue reading

Posted in Stocks | Tagged | Comments Off on 400% in 1 day