needs a pullback
Not good. Did you read the Motley Fool article from yesterday? Google it. They said, do not short until $200. That might not even work. Better be careful.
Not to suggest one should follow the Fool, but the author said NFLX was way overvalued and he would wait to short it until it got to $200. Easy way to miss the train.
Covered for a loss and went LONG $ 191.50
I'll sell for scalp
Risk is actually to the upside in this stock. It desperately wants to get to $200. It tried but failed the first time but it won't give up. If S&P hits new highs, NFLX gets to $200 and then some.