I either get a decent house for "free" or lose half of the money. That's my only exit strategy now. Don't look back, just going to check every other week!
You just better hope that the following doesn't happen as it tends to make the stock go higher:
Loss of content
More off balance sheet debt
Huge content pricing
The things that would affect any other stock in a negative way tends to shoot the price up on NFLX.
I am also shorting TSLA for total of $90,000. I may short more later depending on funding availability.
You'll make a TON on TSLA. It is in the OUTTER ORBIT NOW!!! I think by yr end it'll be SUB 50!!!! Possibly LOWER.
I entered my first short of NFLX today at $277, and am getting a very itch finger on TSLA. Will probably sell upside calls there, which fetch around 6% at-the-money for September.
Sentiment: Strong Sell