Netflix. A Great Looking Chart For Mid Week Option Traders

First it's chart.

It might look like you are to late to the party but in some ways it's still in full swing. Here are two options series that expire this Friday and today is Tuesday. What would you do?

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There is more volume in the Puts. Now this just less than one hour later.

Now it's one day chart.

Sideways moving charts going into lunch hour are to be expected. It ended up doing nothing the rest of the day.

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Now a jump upwards on Wednesday morning.

The Calls.

Also the Puts.

The Calls are up $.93 when we first started looking at them and the Puts are down $.34 cents. Now an early Wednesday afternoon obervation. Does this chart looks like it could jump again? I would be selling the Puts for a loss and be looking to sell out the Calls the next time the stock jumps. I am not a big fan of buying the Calls and the Puts on the same stock at the same time.

Now this on Thursday morning.

Just get out and be happy the charts were your best friend.