-$1,200 Loss
NFLXLong Option

Entry comments: Taking a shot at this for a leg back down to 1100 area or lower. Watching for a gap down. I don't think the tariff thing will happen, but it's May and this ticker has soared...I think investors will take at least a 10% profit off the top today to take safe gains.
Exit comments: The ONLY thing I can say good about this trade is that I cut it quickly this morning. Because otherwise, this is one of the worst trades I've ever done. Total "Fear of Missing Out" since I had a put on this on Friday and sold on the pop of "China News". Opened $70 lower. I figured there'd be a "VWAP rejection" but this fucker keeps going.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 5/5/2025 | 3.28 |
| Exit | 5/6/2025 | 1.78 |
- Total Views83
- Position Size8
- Percentage-45.73%
- Option TypePUT
- Strike1050.0
- Expiration5/9/2025
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