u/LivelyPants

NFLX is testing me... I've put everything I have on August dated ITM/slightly OTM NFLX calls, and I still feel very strongly about the stock. The current valuation doesn't line up with it's fundementals, I feel it's undervalued. I also believe that legislative opposition to the Paramount / WB merger is a big green flag for the stock. That said, this run up to earnings has been rough, and the market seems to hate on the stock despite a very strong bull case, IMO. Is anybody else playing their earnings on the 16th? I still feel strong, but geez, this volatillity isn't fun. My belief is that it can reach the \~$90 range by the end of august, if not sooner.