Take NFLX Profits!
Lock in Quick Gainer
PLAY: Sell your NFLX April 70 Calls (O:NFLX 10D70.00) at market, good for the day.
Dear Bottarelli Research Member,
Good morning. The NFLX April 70 Calls (O:NFLX 10D70.00) that we entered yesterday for $3.10 have just hit a high of $3.40, good for a quick 10% gainer. Considering the late-day reversal that we witnessed yesterday, it’s clear that we must be vigilant about taking profits a quickly as possible. After all, this market has no problem taking profits away just as quickly as they materialize. Therefore, let’s lock in our gains now and we can always re-enter NFLX on the next up-swing.
PLAY: Sell your NFLX April 70 Calls (O:NFLX 10D70.00) at market, good for the day.
As always, I’ll follow up throughout the trading session. But until then…
Lock and load!
Sincerely,
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