there is only one way to trade options, that is to write them against stock for income, or just straight out write them naked. write write write. end of story.
That's Mr. Idiot to you buster brown and your dog tag or tide or pugsly. You should listen to me. last week was banner week. well over 10% return. yes in one week. i love helping people. im a giver. bout time some of you people start giving back some of the millions ive made for you.
He said he did not lose money in the NFLX meltdown, he actually made money. He lost 5 million in market cap on the shares?? And he made money on the puts plus some????? That i would like to see. He said he was hedged. I doubt he out and out bought puts, so it must of been a put spread. And to cover of 50,000 shares with a spread, he had to buy a 1000 contracts. Then he comes out, on a option expiration day stating his position and future intentions. NFLX rallied over 15 points. I developed The Riccaro Money Flow Quotient. I publish my signals whenever they come about. Negative money flows out of NFLX shares were intense prior to Cuban shooting off his mouth. As a matter of fact, NFLX was in a whisker of breaking the key level of 340. I just do not like to be blindsided by a talking head that has a vested interest in a stock going a certain way. I am disgusted. WHERE S THE SEC???????? Money flows are still negative in NFLX. But now there is a added factor. The cuban contingent.
Buyers should have been stepping in far before today. Oct. 17.
If you own the shares, sell the Dec. 50's calls against your position.
Forget what you think is going to happen. what you know for sure is what gets you in trouble. just keep writing calls against your stock, puts against your short positions, or both
i do not get false signals. i only get false interpretations of the facts thereof. this is not a one or 2 day guess. it is a analysis of what is going on behind the scene in terms of dollars flowing in and out of the shares. It is not perfect, it would be boring if it was, but nflx had been experiencing negative money flows out the shares for weeks.
Downside out weights upside by 50%. That negative number warrants protection.
The Riccaro Money Flow Quotient, is my exclusive analysis. That analysis indicates money still flowing out of the shares. As to why? I will let the others decide. what i do know is this, without the mark cuban pump , followed by the cnbc talking heads in agreement, NFLX would of closed under 340 . This wounded animal is still bleeding.
well, what is your opposing view on the prospects and the valuation of NFLX? i just look at money flows into and out of the shares. i will let others decide if this company has a future at these levels.
500? this stock os over valued at 350. competition is starting to rear its head. as i stated many times. write calls on nflx.
i dont think he would do that. too many people tracking his trades. but i do feel he may have already taken a major part of his intended position.
He is probably all in.
NFLX was trading at 350.50 and a write of the Oct.24. 360 calls at 4.75 was suggested.
seeking alpha???? that is even a bigger joke. My analysis, The Ricarro Money Flow Quotient has been barred from posting there for over 2 years. Why????? Because i wrote comments that disagreed with writers and the editors. Case in point, among others, sodastream intl., mnst, aapl itself.
To late to sell???? Are you joking? The run is over. The major holders are just lurking to get out. I dont feel sorry for smart investment professionals that do stupid things like buying in at the top. Any rally should be met with selling call options.
I beg your pardon!!!!!! Ive been negative on SODA for as long as one can remember.Unlike others, I have always posted time, date, and cautionary measures. Criticize me all you want. Just dont lie.
well then they need to cancel cnbc too. which is far worse. you have talking heads, supposedly in the know, keeping people in stocks that they already are all in on. such as ican's moronic son and his cronies, spewing the virtues of owning nflx. since then, which is only 7 days ago, has lost 25%.