Netflix Puts. NFLX Bearish and Short.

2 Mar 2022

Purchased Puts in Netflix (NFLX) at stock price of $382.50 (solid yellow line marks purchase point). Bought to open (BTO)

Strike: 310
Expiration: 20 May 2022

Potential seen for stock price drop to $355 range.

4 Mar 2022

İşlem elle kapatılmış

Exited trade due to reaching reasonable profit. Will still keep an eye on it, but still think it may reach the $355 area as support.