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Technology

Shellacked shorting Netflix (video)

Photo of Steven M. Peters
By Steven M. Peters Updated Published


Last week this guy sold Apple puts, made money. This week he bought Netflix puts, lost money.

 

On Trading Nation, TradingAnalysis’ Todd Gordon shows how it’s not done.

[protected-iframe id=”a6fee734e83b2fcd181a5827fcc073a6-5450697-130806395″ info=”https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000046033&size=530_298″ width=”530″ height=”298″]

The technician who called for a Netflix drop now sees this from CNBC.

My take: It’s all too risky for me.

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