Netflix Puts. NFLX Bearish and Short. for NASDAQ:NFLX by AROD01

trendanalysis chartpattern nflx netflix netflixshort puts bearish disneyplus streaming short

Purchased Puts in Netflix (NFLX) at stock price of $382.50 (solid yellow line marks purchase point). Bought to open (BTO)

Strike: 310
Expiration: 20 May 2022

Potential seen for stock price drop to $355 range.

Trade closed manually:

Exited trade due to reaching reasonable profit. Will still keep an eye on it, but still think it may reach the $355 area as support.

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