Netflix's share price plunges more than 36% after its dismal quarter earnings were released on 20th April 22, where it reported a net loss of 200,000 subscribers. The once-mighty FAANG stock has dropped almost 70% of its share price since the all-time high of USD700.99 less than 6 months ago. What Are The Reasons Growth … Continue reading What Are The Reasons That Netflix Is Losing Subscribers & Why I Believe Netflix Is Not Dead?
Tag: Is Netflix a buy now?
Netflix Just Crashes 20% After Q4 Earnings, Should You Sell Or Buy The Dip?
Netflix share crashes 20% in after-hours trading when they announced their Q4 earnings. The share price dropped from an all-time high of $700.99 to $407.79. Here are some key numbers of the earning call: Earnings per share (EPS): $1.33 vs 82 cents expected in a survey of analysts.Revenue: $7.71 billion vs $7.71 billion expected.Global paid net subscriber additions: 8.28 … Continue reading Netflix Just Crashes 20% After Q4 Earnings, Should You Sell Or Buy The Dip?
[14 Jan 22 Trades] Sold BAC PUT, Bought Netflix LEAPS, Roll My Covered Call Positions
After a massive selloff on 13 Jan 22, the market opened in the green on 14 Jan, which is surprising as the premarket was red. Bank of America (BAC) was down close to 2% following the mixed results from big banks and I took the opportunity to sell a PUT on BAC shares, with a … Continue reading [14 Jan 22 Trades] Sold BAC PUT, Bought Netflix LEAPS, Roll My Covered Call Positions
Trading Activity On 24 Nov 21: Thanksgiving Arrived Earlier (USD$13.5k Profits In A Day)
The market opened in the sea of red for the 3rd day running this week and I thought it was time to take profits on some of my LEAPS, especially on stocks that have run up quite a bit recently. Thus, I sold 2 Nvidia LEAPS, 2 Apple LEAPS, 1 AMD LEAPS, 1 Tesla LEAPS … Continue reading Trading Activity On 24 Nov 21: Thanksgiving Arrived Earlier (USD$13.5k Profits In A Day)