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NFLX Bear Call Spread Near Max Profit – Watching 61.8% Fib Zone

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📉 I'm currently holding a Bear Call Spread 1300/1280 expiring on Jul 18. After multiple Breaks of Structure (BOS) and strong rejection from 1300, price is trending toward a key 1H demand zone near the 61.8% Fibonacci retracement (1242).

📊 Technical Context:
Bearish CHoCH + BOS confirms short-term trend reversal
Clear rejection from 1280–1300 supply
1242 = strong confluence: Fib + demand zone

🎯 Plan:
Hold the spread close to expiration for max profit
Close before earnings on Jul 17 to avoid volatility
If price shows strength at 1242, I may flip bias and look for a bull call spread post-earnings

🔔 TradingView Alerts:
1242: “Watch for bullish reaction at demand zone”
1278: “Rebound in progress – reassess post-earnings”

📌 This is a two-stage plan: secure gains on the short side, then prepare for potential upside.
➡️ Follow me for more structured trade ideas based on price action, options, and macro timing.

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