Reload Netflix

Playing Up to $130

By Bryan Bottarelli
Thursday, October 06, 2011 10:14 AM EDT
Thu, 6 Oct 2011 14:14:00 GMT

PLAY: Buy the NFLX October 125 Calls (O:NFLX 11J125.00) at or under $6.15 (or best price), good for the day. Place a protective stop limit at $3.10 and a pre-determined sniper sell at $9.90.

Dear Bottarelli Research Member,

First off, congratulations on three nice winners this morning. Gains on SODA, WFM, and NFLX sure make for a good way to start your Thursday.

Now, after some up and down action, it sure looks like NFLX wants to go higher. Therefore, let’s keep riding this move (which could extend up to $130), by using the October 125 calls.

PLAY: Buy the NFLX October 125 Calls (O:NFLX 11J125.00) at or under $6.15 (or best price), good for the day. Place a protective stop limit at $3.10 and a pre-determined sniper sell at $9.90.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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