Well, today was great! Some people in chat made upwards of 5000% on their NFLX earnings plays!
Congratulations to all NFLX longs, and I feel awful for anyone who took NFLX puts.
I turned out to be spot on, with the whole $145-149 top on NFLX.
It topped at $149, and it did drop back to that $140 level, but it bounced off of it, instead of staying flat.
If you did play NFLX calls from open, you could of made upwards of 100%+.
1. AAPL

Today AAPL showed strength at $450, and resistance around $464-465,
therefore those are the levels we want to watch tommorrow.
AAPL closed at $450 and is trading AH $448, so in the likely event that it gaps down,
I would say if it fails to make a $1.83 move above open, puts would be nice for a move down to $440,
where it would catch some more support.
2. GOOG

GOOG used to be the stock to play when AAPL was having a bad day and lately it hasn't been getting too much attention, but now that it had a beat on earnings, I think GOOG has 1 day left in it for a run before a breath.
Last earnings it had 3 red days, so why not 3 green this earnings?
I will be playing 760 calls only if it manages to break the resistance it has from 10/18/12, I think it will on a gap up.
3. FB

Huge believer in FB this earnings season, I believe it will be a huge beat, and run up to $35-36 however that's not the play for the day. I will be trading FEB 1st Calls, probably 32's. That way even if it makes a move down and sells off into earnings, on that beat (which I expect) it will move back up over 32 making my calls in the money. I feel it's lower risk, but some could argue its higher risk because FB could miss, or beat without a big move.
Anyways, that is my watchlist for tommorrow, I will be watching AAPL mostly like I always do...
I am available in chat to help or answer any questions, 9:30-10:30 and 2:40 - 4:00 EASTERN STANDARD TIME
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