Kanon8260

Be patience and you could get big reward buying nflx puts

Short
NASDAQ:NFLX   Netflix, Inc.
Fang stocks are in a inflexion point, we are close to earnings, and this crazy buying frenzy in march, is because everyone is bullish, and the reality is that low volume trades end badly. last week looks like some of the fangs, cant break important levels without earnings, i have to admit this looks like huge manipulation, the scary thing is that all people are confident, they have vix at 14. when average is 16x and dow spy and nasdaq are so oberbought, i think netflix could get near to the $320 before any earning release, people are not that dumb, unless some crazy shit happen, just look what happen with facebook and nvdia all is market manipulation and crazyness im waiting but is great probability that fangs suffer a lot in the next two weeks, be prepare to get cash and buy crazy puts.
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