$NFLX down 21%.
This is a tough market.
One really shouldn't be trading long.
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Counting 9 downgrades of Netflix so far with the stock pointing down 20% in pre. For context, $NFLX shares have not seen a one-day drop like that in nearly 20 years. My take on the results last night - wsj.com/articles/netfl
They keep increasing my subscription fee and I keep increasing my puts to pay for the subscription 🤷🏽♂️
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