NFLX has a head and shoulders to 161.58, which is right at the High Value Area.
Small inverted head and shoulders to 371.54 has formed(<315.54 nulls) which will be used as an entry price for put options.
If price hits 371.53, buy Jun 15 185 Puts. If price falls below 315.53 before hitting 371.54, this trade will be cancelled.
Trailstop and/or or set triggers to sell when price hits 165.25, which is just above the HVA area.
As of 12/31/14 Bid:1.34 / Ask:1.64 / Last:2.71
Updated 12/31/14
Updated Constantly
