stock. If you are short and own puts, by all means take profits. There will be plenty of action in NFLX for years to come.
If u own shares WRITE WRITE WRITE!!!! hopefully the put buyers have cashed in and the call writers covered for near nothing.
As I mentioned, soda is old news. Short it? Not here. Write calls if you owe it? Yes, WRITE WRITE WRITE. But then again, I always believe in writing calls as I posted this morning on AAL to write the Oct. 24, 33's. Is soda cheap here? Depends if they have a business catalyst to move it forward. I did take the time a few weeks ago to check our soda in 5 central Florida locations. What I saw was a unfocused, confusing product line.
If it has any at all. Let this thing base out, if it bases out at all. Or use any rally to write calls.
There is major resistance at that price point. NFLX is currently trading at 350.81. It seems to be losing steam, trading as low as 331. I posted it earlier, the major holders of this stock have yet to get out.
your stock for 1.25. Money flows are starting to get positive on AAL.
Either way, calls need to be written if you own shares. The income provided will be worth any sell off. The Riccaro Money Flow Quotient has baba with a positive money flow lean. Write call options, but dont write puts just yet. And NEVER buy a option. BABA will always be a crowd favorite, until money flows prove otherwise.
I hate to threw cold water on your call, but AAPL is the first stock to watch for a rebound in the market. FB as well or just all in on the QQQ's. I am cautious at this point with AAPL because of a few new things going on, therefore take profits on the written calls of late and be neutral with a positive lean.Today and tomorrow will be important money flow days. As noted many times, I just look at money flowing into the shares.
Sorry, no drinking before 7pm EST. House rules. You may like to blow some weed. That is allowed anytime of the day or night.
aapl is not being accumulated as of right now. The Riccaro Money Flow Quotient indicates that money is still leaving the shares and have been for weeks. Im not recommending shorting here, but anyone that owns shares should be writing calls for income. That is a given. The aggressive traders are shorting.
Stocks like this get hammered in this type of market. Pure spec, So dont be upset when it drops 50% from its high. Where is the bottom? Look at money flows into the shares. That is what The Riccaro Money Flow Quotient measures.
It happened to CMG in 2013 when it went from over 400 to under 250. But the company continued to bring in the numbers and the stock came back. But it was a wild ride. Always write calls against a stock like this. Over a years time, you make a fortune.
i posted last week. upside potential was limited, downside potential was vast. that is why i recommended writing calls. writing puts at least levels were extremely dangerous.
sell um! take profits on a move like that. if you want to shoot craps, which is what you are now doing, take another position with half the profits. nothing is worse than hitting a grand slam and breaking your foot rounding third because you were not paying attention.
should be at 200. When in doubt as to where a stock is going, just look at money flows into the shares. They are rarely wrong. Just like last week when " The Quotient" issued a sell on NFLX, for that reason. I love helping people, im a giver. As for soda?????? move on. This company and its products are old news.
i guess u figure buying a stock 150 times earnings is a good idea? smart money does not buy here. are u smart money or dumb?????? pick one
u better hope. an i suggest taking profits. but u wont. u are a buyer of options. not a writer. someday u will learn.
good, sell calls after the pump. cnbc is making people rich by selling against the talking heads that that to rationalize the price of a stock.
to be ahead of the curve, not behind it. The Riccaro Money Flow Quotient is always forward thinking.