NFLX put sale - would like to own NFLX at $79

٢٥ يوليو ٢٠١٦

NFLX is in a downward "ish" triangle , however seems to have 2 areas of strong support between today price and the put sale. I like owning Netflix at 79 so , the 8-19 put sale looks good to me. . If NFLX continues higher a Bear Call Spread may be a goo play as NFLX bounces off that trend line once again.