NFLX biggest options trade today was a bearish one - somebody bought 1,250 of these Apr $420/$400 bear put verticals for around $225 a pop. The trade cost $275,000 and has a MaxP of $2.22 million if NFLX drops way hard post ER
So, we know NFLX is planning a massive stock dilution. If you were a large shareholder and you wanted to accumulate more, wouldn't it make sense to run down the share price prior to the split? So, you get your cronies at the investment houses and the financial propaganda outlets to make the case for NFLX to go up on earnings...I have not heard nary a discouraging word about NFLX in recent weeks....
...anyway, I prolly don't have the cojones to trade it....
So, we know NFLX is planning a massive stock dilution. If you were a large shareholder and you wanted to accumulate more, wouldn't it make sense to run down the share price prior to the split? So, you get your cronies at the investment houses and the financial propaganda outlets to make the case for NFLX to go up on earnings...I have not heard nary a discouraging word about NFLX in recent weeks....
...anyway, I prolly don't have the cojones to trade it....
"If The Fool persists in his Folly he will become wise." - William Blake