Interesting options on NFLX

Still hanging back in this market. S/O bought virtual NFLX 380 call option for 15.85 @ 9:56 he checked option @ about 10:35-10:39. NFLX had moved over $1.00 but the option was less than what he paid for it at that time. (Weird)

Now (10:51 5/21/14) the option is moving in his direction. Hum...could they still be setting the options? Now NFLX has moved about $2.50 from his entry and the option has moved about $1.00.

I have ths saying when things seem strange in the market..."It looks hinky." We have a very long weekend coming and IMHO the market makers are going to hold options really close or at least it seems that way right now. Well things will slow down as the Prez speaks....

ADD @ 2:42 5/21/14 S/O thus far cleared $980.00 on his virtual Looks like the option reset is over if that is what happened....time to jump in again.

I think this will be a strange week anyway with the holiday happening Monday. Be leaving Friday for trip to visit family.
Happy memorial day to any of you who have served our country. God bless you!



Edited 1 time(s). Last edit at 05/21/2014 01:47PM by Darcy2.

Nflx options seem so inflated to me right now because googl are so much cheaper for the same month in time and googl is a more expensive stock. The indicators being so high on the short charts kept me from a nflx trade although I really wish I had gotten in....

CHIPOTLE MEXICAN GRILL
05/22/2014 O STC CMG Jun14 510 Call 2 $19.70 $14.95 $3,924.89
05/22/2014 O BTO CMG Jun14 510 Call 2 $16.30 $14.95 ($3,275.02) 649.87
Total Realized Gain/Loss for CMG $649.87
Total Realized Gain/Loss $649.87