1️⃣ Why am I making this trade now?
Netflix has been dipping. And would be happy to exchange time for some premium. Would not mind getting some again at 60. Getting in at 60 would present a sigificant discount and great value entry point based on its cyclical bottoms. Just going for the option premium to get some additional crumbs and to lower the cost of other holdings. Previously have gotten some in at 75.
2️⃣ What's my plan from here?
If it stays above and expire, then just take the premium and treat it as lowering the average of the other Nflx shares already holding. If it goes below strike, depending on the premium value, then either eat up the shares which i dont mind getting anyways or roll it. Probably do a coin yoss. Coin toss never fails in long run. Its just a game. Dont think so much. Enjoy and be happy.
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