yea, totally a gamble here on NFLX, not a huge position by my standards so hopefully worse case i come out with minimal losses.
GOOG for earnings i keep telling myself to not do anything with due to premiums
However I can't help but look at this from a short standpoint. This 626 level has become crucial the last 2 days with wicks piercing it but not closing under. I'm thinking GOOG misses on earnings and falls to last earnings levels as highlighted. I'm thinking the lagging CS falls under price action from last candle.
Also something to note, price action relative to the TS/KS for the last ~6 earnings has been shown up front. Meaning if price is bullish in relation to the TS or bearish in relation to the TS, earnings has followed that trend. Currently we are under the TS (blue line and trying to pierce the pink KS.
with weekly options so expensive i'm still on the fence, its basically a $1k bet here so i'll need to make sure i'm feeling confident come 3:59pm tomorrow lol.