NFLX

Front_Entertainer395

Yes it is, because we are in a phase where valuations don't matter. By all financial means NFLX is hugely overvalued, but since it already is, there is literally nothing stopping it from getting even more overvalued. Applies to many of the big techs right now... Just stay on the sidelines or buy cheap value stocks for huge gains over the next years.

BiebRed

Depends on how much time you're buying. NFLX is going to clear 500 by EOY. But there's a good chance it dips to 385 by the end of July, and by the end of June if we're lucky. If you see NFLX touch 380 this month you should go full port 30dte calls.

Avid_Hiker98

NFLX $420C for next week

aesthetics613

I bought $180K worth of NFLX at 170 but I sold it all at 310

ResidentAssumption4

Bought all those except the time I sold all my NFLX because every regarded post on this sub for weeks was shitting on it. Lesson learned never follow WSB into a trade. If WSB seems right about something, just wait. WSB is regarded.

EPLFantasyGuru

I’m one of the suckers that decided to bite the bullet and buy. I had just gotten into Dark and in fairness NFLX spends billions on content knowing most will fail. Not saying I’m not annoyed, but I do enjoy Stranger Things, I Think You Should Leave, and a few other originals

mannycalls24

Netflix kicked me out of the household? Cool, content is trash anyways NFLX puts

Quirky-Amoeba-4141

Does that quote also apply to the guy who bought NFLX at $690 ?

Avid_Hiker98

[NFLX 1hr chart.](https://www.tradingview.com/x/GbXu3gbT/) Consistent higher highs and higher lows within this channel. $420 should come quick imho. (yes I am biased) **POSITION: $45,000 NFLX JUNE 16 $420C $3.18**

yolo232001

$NFLX Puts $NVDA Puts

gtani

yea, awhile back NFLX 0-4 DTE had ridiculous spreads, even near underlying price with lots of OI and volume.

noicedeb8r

Made 27% on NFLX puts today!!!

noicedeb8r

Dead cat bounce on NFLX, tempted to buy puts again

rip_n_rhyme

Fuk NFLX

ikickrobots

I sold NFLX for a loss back in 2018. "The stock market is a medium of exchanging money from the impatient to the patient"

Bulls2Broke

Bers: OMG NVDA ROSE 300% SINCE 8 MONTHS AGO META and NFLX: Don't tell em

Mariamgtad

Why is NFLX mooning

-op-boozer

NFLX does not care about your puts. Lets GO.

Pizza_n_Tendies

Anyone who got at the moment NFLX leaps a year ago got to be making bank on them

FearlessTrader

I simply don’t understand why NFLX keeps going up 🙄🙄🙄

Rainwalker_40

I'm new to this, so feel free to correct me. My thinking is: Netflix is trading above fair value in a discounted cash flow, whereas Disney is trading below. NFLX is also much closer to its one-year price target average, although honestly I expect these average price targets are just for suckers. But based on intrinsic value, I'd expect Disney will go up a lot more in the long run.

-op-boozer

NFLX about to explode upwards

Eastern-Cranberry84

Bear Mad Sad NFLX Rocket GO up! Hahahahahahahahah

Eastern-Cranberry84

man there some Bears that r SO MAD about NFLX HAHAHAH. REEEEEEEEE Everyone Gonna cancel Their Subs !!!! right Bears ? RiGHT ?

Eastern-Cranberry84

people thought the world would cancel their NFLX sub LOLOLOL

Eastern-Cranberry84

recently. NFLX.

_beginninganew_

Holding a couple 9/15 $70c. Honestly I think it’s way oversold and lots of FUD being spread. Similar to TSLA and NFLX in the last 6 months or so, and those popped a decent amount since then. Could be a decent play IMO

WickedSensitiveCrew

WBD got trashed in 2022 for doing this. That NFLX, DIS, and other streamers dont do this. Looks like they were ahead of the curve in what needed to be done to turn a profit in streaming for the legacy companies.

Mathguy100

Hey dumbass bitches, Get ABNB puts and NFLX calls cause idk if you’ve ever stayed in an ABNB, but it’s practically a owner’s responsibility to supply all relevant streaming services… So now that the big multiple location crackdown has happened. Hosts are gonna have to put out, a lot, for their multiple properties… and here’s the deal. They either won’t. Leading to more complaints. Or they will and they’ll raise their fees, less reservations. And NFLX meanwhile is gonna be bringing in an extreme amount of extra cash as a result. Don’t call me a genius.

Avid_Hiker98

Started with $4000 on May 2nd. Turned that $4k into $6k and subsequently lost half of it by buying GOOGL puts during their stupid AI day. Learned my lesson there and quickly realized these AI meme had legs. Traded various GOOGL calls, TSLA calls (made 2000% on the $195C last week and 300% yesterday), LRCX calls into NVDA earnings, and NFLX calls. As of this morning, I transferred out 100% of my fidelity profits. Eventually, I will buy various shares of boring blue chips when the market trades lower. ————— Current position: $20,000 of CRM 6/16 $205P.

Avid_Hiker98

Started with $4000 on May 2nd. Turned that $4k into $6k and subsequently lost half of it by buying GOOGL puts during their stupid AI day. Learned my lesson there and quickly realized these AI meme had legs. Traded various GOOGL calls, TSLA calls (made 2000% on the $195C last week and 300% yesterday), LRCX calls into NVDA earnings, and NFLX calls. As of this morning, I transferred out 100% of my fidelity profits. Eventually, I will buy various shares of boring blue chips when the market trades lower. ————— **Current position: $20,000 of CRM 6/16 $205P.**

Myboywear

Anyone remember when I called out positions Tuesday morning before open? TSLA 200C 6/2 NFLX 400C 6/2 META 265C 6/2 QQQ 350C 6/2 AMD 130C 6/2 NVDA 400C 6/2 or 6/9 AMZN 125C or 130C 6/2 MSFT 340C 6/2 GOOG 130C 6/2 SPY 430C (I’m inclined to say 425 but tech is mooning and SPY is tech) 6/2 AAPL 180C 6/9 They paid out bigly (NVDA & AMD paid, but cratered after)

NoChampionship1218

NFLX to 420 soon!🚀

SnooHesitations2813

Careful on WBD I was selling puts at $13 last month and got assigned eventually and had to baghold until finally selling the shares back at a loss . All media stock like DIS,WBD,NFLX have been tanking.

LeakMyBigBowls

So who's gonna hit 420 today NVDA or NFLX

SPXLiquidated

Terrible rule, especially in this market. NVDA, META, NFLX are good concurrent examples. Trading, especially with options, isn't all two dimensional. There's nothing wrong with collars. It is used in a retail trader level all the way up to institutional trader level. There is some benefits to collars regarding long-term tax lots an investor doesn't want realized.

JPowsmagicwand

holy crap, it pulled a NFLX signature move. Those puts got to be 10 baggers

performx92

T-20minutes till NFLX Shareholder meeting.. probably to laugh at the number of cucks who paid an extra $7 to share an account. If they announce NFLX will run tomorrow like a motherfucker

jostradumass

NFLX $410 eod

VotedOut

Text of the article for non-subscribers who can read here (you can copy/paste the link of article into [archive.is](https://archive.is) to get it): ​ >BARRON'S > >**Nvidia Is the New Tesla, the ‘Dean of Valuation’ Says. It’s Time to Cash Out.** > >By Jack Hough > >May 31, 2023 11:31 am ET > >Nvidia just became the first chip maker to top $1 trillion in stock market value, and a finance professor who has invested since 2017 sold his shares. “I got lucky on that one,” he says. > >Perhaps. But this particular professor is nicknamed the Dean of Valuation for his decades of work on how to estimate what assets are worth. So his sale raises the question of why he thinks Nvidia (ticker: NVDA) doesn’t belong in the trillion-dollar club with Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), and Amazon (AMZN). After all, companies with ties to artificial intelligence are being richly rewarded at the moment, and Nvidia has a dominant market share in AI chips. > >Also, which of the other tech giants look too expensive now? And is the fact that recent market gains have been powered by a handful of stocks a problem? > >“This lack-of-breadth thing drives me crazy,” Aswath Damodaran told Barron’s on Tuesday. “You know what? Markets have never had breadth.” > >Damodaran teaches corporate finance and equity valuation at New York University’s Stern School of Business. He has written numerous textbooks on those subjects—”obscenely overpriced” ones, as he puts it. He recently looked at 80 years of market data and found that big bull runs were commonly carried by 10% of stocks or less. Today, he owns most of the tech giants, three of which he says he bought “at their absolute bottoms last year.” > >These include Facebook owner Meta Platforms (META), recently $262 a share. “When Facebook hit $95 per share, I said, given its cash flows, this is like American Express \[AXP} as Warren Buffett saw it after the salad oil scandal,” says Damodaran. “The cash flows from its advertising business over four years covers that price. I’m buying it and hoping that they don’t screw it up with the metaverse.” > >Historical detour: The salad oil scandal refers to a 1960s scheme whereby the Allied Crude Vegetable Oil Company borrowed from American Express using exaggerated soybean oil inventories as collateral. It used the proceeds to buy soybean oil futures, in order to push prices higher for the nonexaggerated portion of its inventory. There was a whistleblower, losses, a ripple effect, and bankruptcies, and, looking back, it created an opportunity to buy AmEx shares on the cheap. If you’re wondering why no one has made a movie about this colorful episode, there’s already a script and a studio, CNBC’s Ron Insana is involved in the effort, and Buffett likes the idea, according to Deadline. > >Back to Nvidia. “That was in my portfolio till this morning,” Damodaran said on Tuesday. “And I finally got it out of my portfolio because I couldn’t take the rise. You had $300 billion in a week. You’re pushing the absolute limit of what sustainable value is.” > >He estimates that Nvidia has an 80% share of a $25 billion AI chip market today, and the most bullish assumptions put the size of the market at $350 billion in a decade. Even assuming 100% future market share, he wasn’t able to get to a value closer than 20% below Nvidia’s recent price. “I love Nvidia as a company,” he says. “But as an investment at $400-plus per share, I just can’t get there.” > >More broadly, Damodaran says that Nvidia is essentially a hardware company, whereas other members of the trillion-dollar club have used software to draw vast numbers of end users into their ecosystems. That creates what a statistician might call a long-tail distribution of business opportunities—many ways to earn from new products and services. > >A company that sells chips to other businesses faces natural constraints, says Damodaran. “The tails in the distribution tend to be much more prudent,” he says. “The upside is not as large as it could potentially be for a consumer-based company with an ecosystem of billions of users. And that kind of crimps how much you’re willing to bet on that optionality.” > >Damoraran compares his current thinking on Nvidia with how he felt about Tesla (TSLA) when it hit $1.2 trillion in value in November 2021. “I pushed to full throttle and I couldn’t get within $300 billion of that $1.2 trillion.” Shares tanked. They started bouncing back around the beginning of this year. In hindsight, they were reasonably priced in January, Damodaran says, but by the time he got around to working up a fresh valuation in February, “it kind of got out of hand again.” > >Damodaran doesn’t own Netflix (NFLX). Outside of tech, he just bought Citigroup \[C\]. JPMorgan Chase > >(JPM) is a much better bank, he says, but the price on Citi is so low that all it has to do is “have management that can chew gum and walk at the same time.” > >One way to compare Citi to other banks is to look at the ratio of its share price to its book value per share. But this sort of relative valuation is for traders, Damodaran says. Investors, in his opinion, are better off estimating how much to pay for a business based on its future cash flows. > >“I entirely understand the use of multiples and comparables as your way of trading,” he says. “But I do have conniptions when these same people talk about, ‘I care about value. This is all about valuation.’ No, it’s not. It’s a pricing game. You play it really well. Claim credit for it when you do. But let’s not talk about value in the context of pricing, because it’s a very different game.” > >Is the market fairly priced? Don’t bother trying to tell, says Damodaran. Just buy index funds and hold, or pick good stocks, or both. > >How about Bitcoin’s latest bounceback? Its fans are “never going to let it become a good currency because it’s in their best interest to keep it as a volatile instrument that they can speculate on,” he says. > >Asked where the bubbles are now, Damodaran named an asset class that doesn’t spring to mind as a source of systemic financial risk: professional sports teams. For example, Major League Baseball, he says, is a low-growth business with yearly pretax, pre-reinvestment cash flow of $600 million. That’s worth perhaps $10 billion “on a good day.” But the collective price of teams is closer to $70 billion. > >Team prices today appear to be driven more by vanity than financial returns, but owners shouldn’t worry about the bottom falling out overnight, says Damodaran. “As long as the number of billionaires exceeds the number of sports franchises, there is no crash coming.”

robbinhood69

250p, 0 or hero. This chart looks like NFLX before jt nuked -30%

duckmasterswag

NFLX is gonna moon

Eastern-Cranberry84

REeeeee META is the DEVIL N0BodY I Kn0w UsEs it!!!! , RRREEEEE I can't Use my DaDDy NFLX Ne More - EvEryonE I Know WiLl CaNcEl!

armen89

NFLX up 26% for the month I haven’t heard a peep out of that one

Mathguy100

Across the county many a poors are screaming because they are locked out of NFLX, and NFLX can’t hear them on account of the billions they’re adding to their market cap. Suck it poors

jostradumass

At this rate, NFLX is gonna hit 3trilly cap before AAPL.

Mariamgtad

$400 for NFLX 1 Dte options is insane

Efficient-Pride4849

!banbet NFLX to 390 by 6/9

Xoptikdesigns

Now watch, they will start bringing NVDA, META, NFLX, GOOG, back down a little and will compensate by popping AAPL and MSFT. It’s all a giant game of fucking hot potato.

indyyo1

Should not of fucked with NFLX 

Pizza_n_Tendies

How the fuk is NFLX worth $400 lol

indyyo1

Just die a little NFLX 

TrophyWifeAspiration

HO LEE FUK SHEET lost $100 trying to short NFLX. Steaming pile of overvalued trash.

jostradumass

NFLX absolutely ripping in premarket…LETS GO!

Sandroli

Watch TSLA, NFLX, AVGO, MDB

No_Entertainment9207

!banbet NFLX 370 put 9dte

dweeegs

For what it’s worth I thought they’d crush it and fill in the gap at 240 from the end of last year. Like what META and NFLX It looks like the quarter beat and guidance was slightly above estimates, why is it even down? I didn’t listen to the call If this happened 2 weeks ago it’d be mooning… I think this is a bit of a short term correction coming so bad timing

newera89

And you think smart money is buying AAPL, NVDA, NFLX…. No way. Tech will sell off and move funds to defensive names that have been destroyed lately i.e. energy and healthcare

TrophyWifeAspiration

HO LEE FUK ING SHEET NFLX just die already. Nothing on there

MissDiem

Nobody on earth has the balls or money to "inverse Cramer". They'd have to have been shorting NVDA since $5, NFLX since $4, and a hundred other examples. Even the fake inverse Cramer ETF won't inverse him.

_Analystica

im also out, short NFLX

TrophyWifeAspiration

Oh woah what is NFLX doing way up there?

RampantPrototyping

Hopefully. I think it could potentially recover like Meta or NFLX

convexdmn

why is NFLX up so much? this is a screaming short imo back down to gapfill at $340 july exp $360p looks juicy

jostradumass

Now all of the sudden NFLX and AVGO care about the debt ceiling. After weeks of rips on flip flopping news. HA.

Eastern-Cranberry84

I'm on the opposite side. I think most either will sub to the new Ad Tier which is doubley good for NFLX and other will just sub up. This is me merely going against what most redditors think will happened, they just always seem to be wrong when it comes to the masses.

thedukeofno

>I’ve got an average return rate of 14% since 2014, and yet I’m somehow wrong I assume you mean average annual return. If you invested in an S&P 500 index in Jan 2014 and reinvested dividends, you'd have today an average annual return of \~12% (not inflation adjusted). So you're 2% per year ahead of the general strategy that is espoused on this sub. Good for you. I can't say whether or not you got lucky with Nvidia, but let's also not pretend that you're a market genius who has somehow cracked the code. I bought NFLX in 2007 at an adjusted cost basis of $3.18/share. I sold around $500/share. I knew NFLX was a good company and was onto something special, but I had no idea how big it would be come, and I would be lying if I told you no luck was involved.

TrophyWifeAspiration

Everyone remembering nothing good on NFLX

noicedeb8r

Sigh my NFLX puts do not like this

Eastern-Cranberry84

B B B BUT NOBODY WATCHES NFLX REEEEEEEEE! lol suckers.

BaxterDude012

NFLX with a casual 5% premarket gain

throwaway991231445

Lol NFLX. Who watches TV anymore?

throwaway991231445

The hell is up with NFLX? Are tv shows that important to people? 🤦

UnholyTrigon

Bought a random 6/16 395 NFLX call on Friday, I wonder how much it will be at open

ajfaria

So why tf is NFLX up like almost $50 in less than a week?

Infamous_Passenger

NVDA is on such a tear that people have forgotten that NFLX is up a cool 20 bucks today

qwertyaas

NFLX about to hit $400. This market is fucking nuts.

thegabe101

As someone who has never had a position of any kind in it and never will, NFLX to me is the absolute most regarded, nonsensical stonk, and a true champion 

Mathguy100

Damn NFLX, calm down

Eastern-Cranberry84

I'd like to laugh at all the regards that bought NFLX puts. hurrr durrrr immma cancel cuz I can't use my dads password anymore.

thegabe101

Gonna be hilarious when of all the tech stocks today NFLX is the one randomly up like 27% and the 4 people still shorting it are just repeatedly posting here "NFLX "

Myboywear

Fine, I’ll do it since no one else will 🙄 let’s bring WSB back to its glory days, that’s really what we’re here for. At least me, I’m not in it for the friendship TSLA 200C 6/2 NFLX 400C 6/2 META 265C 6/2 QQQ 350C 6/2 AMD 130C 6/2 NVDA 425C 6/2 or 6/9 AMZN 125C or 130C 6/2 MSFT 340C 6/2 GOOG 130C 6/2 SPY 430C (I’m inclined to say 425 but tech is mooning and SPY is tech) 6/2 AAPL 180C 6/9 (it’s been laggy, but I do see it run to at least 182) Good luck this week boys Tldr; Bear mega fuk

TropicalFires

Tesla below 200 is free money. It’s gonna follow META, NFLX, AMZN to recovery.

DoesntUnderstandJoke

Short NFLX

hopeforgreater

good point. Except there is very very few tech that is essential. NFLX, Meta, AMD/NVDA, etc are all non-essentials. Btw, dinosaurs like Buffet are huge believers in essential tech companies, like amazon or apple

DJwalrus

I wouldnt touch any of those stocks. META world or whatever the fuck is not going to be a thing anytime soon other than a massive money sink. Consumer spending is on the downslope for Amazon. Labor is still difficult for warehouses and quality of goods seem to be deteriorating while prices are increasing. NFLX is flailing in deep waters. Agree with Google and Microsoft picks.