Shellacked shorting Netflix (video)

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By Steven M. Peters Updated Published
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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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