Netflix Swoons As Apple Encroaches
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Today, Netflix shares swooned badly after a Wall Street Journal report revealed secret talks between Apple and Comcast over a new streaming TV service. The two companies are reportedly in discussions to pursue the development of an Apple set-top box and special data treatment.
click to enlarge
This presents the following opportunity for aggressive investors, based on a a bearish options bet. It will lose a limited amount of money if we are wrong, and could hit big if the stock drops.
- Probability : 60% (my subjective guesstimate)
- Risk : Reward : around 1 to 4
- Duration: 7 day trade
- Minimum Investment:$130
- Maximum Investment: limit to 2% of your overall portfolio
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Click on this video to view the option trade: Recorded date March 24, 2014
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Disclosure: Options investing is inherently risky. This is not a solicitation to buy or sell. Please read our full disclosure on this site.
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