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[Options Premium] Netflix and Chill

December 17, 2018

Coming down the homestretch of 2018 and Mother Market sure is making it interesting. Will a "Santa Claus" rally save global stocks? Or is the Grinch quietly whispering in her ear?

Speaking of the Grinch and classic holiday movies, my family's Netflix consumption has been on the rise this holiday season. But as we know, the stock market is a forward looking mechanism and the outlook as foretold by prices is suggesting that softness is ahead for $NFLX stock.

This being the holiday season and all, you'd be forgiven if you didn't want to put on any new risk heading into the New Year. But for those of us still standing in the ring ready to do battle, $NFLX is streaming a tasty short play opportunity.

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