Netflix plays Squid Game with investors in the past 2 months!
25% decline in less than 2 months for NFLX is not what many people expected, but option data suggest more volatile days ahead.
Looking at the options date for the next 4 weeks, you can see 1.37 Put/Call ratio which is very high and indicate more bearish momentum!
Option wall:400-580
Maxpain: 550
Be careful with the earning in the next 8 days!
The big question is if it first move toward 580 and then slips down toward 400 zone or the opposite???
Since I do not have the answer, I will stay neutral.
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Looking at the options date for the next 4 weeks, you can see 1.37 Put/Call ratio which is very high and indicate more bearish momentum!
Option wall:400-580
Maxpain: 550
Be careful with the earning in the next 8 days!
The big question is if it first move toward 580 and then slips down toward 400 zone or the opposite???
Since I do not have the answer, I will stay neutral.
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
評論:
Post market 405..!