Netflix earnings beat the expectations, yet you see a -24% in one day!
I believe this is clearly talking about what you should expect from the earning season!
If anyone has enough money to bet against(buy puts) all the coming earnings, and all the positions must be equally weight-adjusted(1% of the trading capital) I believe he could make a great deal of money!
NFLX could go down to 360-330..!
Best, Moshkelgosha
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