NEW TRADE IDEA:

New Master Trader Bear Call Credit Spread on NFLX based on price action below.

Reminder, please read the value-added documents at the bottom of your member area.

Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.

9/19: NFLX – Consider shorting Sep (9/21) $380/387.5 bear call credit spread for current mid-point of $.63/share or better since extended intra-day.  Gap and Crap at Major Resistance, QQQ weak.  Stop Loss $378.02.