NFLX: celebrating one of the largest win for this week.
Had sold NFLX on the short side by selling short calls since it was trading at $1200.
But then it continue trend up to peaked at $1341 on 30th June.
Thai resulted in me rolling the trade up and further for 2 times and with strike from initially $1200 to $1250 and eventually the final trade at $1300 that was recently expired on 18th July.
The risk was because earnings on 17th July could lead the stock to even higher should the earnings and forcast are great.
Nevertheless, was glad that it became a sell the news event and NFLX actually trended lower despite good earnings results.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.05 2Lot(s) | +99.90% Closed |
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