Netflix, Inc.

NFLX Put sale- Would you want to own it at $85?

65
NFLX is an descending triangle and seems to be headed downward again. There support at 90.29 and a really strong support at 85.14. A little close but I wouldn't mind owning NFLX at $85. I'll probably sell the 8/26 puts and if it continues down maybe do another put sale behind this one.

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