Seeking Alpha
  • Salman Ebrahim
    $NFLX, there cannot be a more obvious short than this one. Get ready for a USD 120-100 test of support...
    3/18/13
    Reply (8)
    • jcllier3: Except $TVIX.... not on a day like today but -97% or so in the past couple of years, and guaranteed to be down another 97% in the next few
      3/18/13
    • jcllier3: And $AMZN ranks up there for me, but completely agree with your point - loving $NFLX short at these prices
      3/18/13
    • Salman Ebrahim: You mean Long in $TVIX, right? Or I'm missing something...
      3/18/13
    • jcllier3: Short $TVIX, it's net worth is zero (as intended). Price was over $1,000 in late 2010, recent lows in the $3.80s
      3/18/13
    • jcllier3: It's a short term volatility trade that decays to zero, reverse split, repeat
      3/18/13
    • Salman Ebrahim: Wow.. $TVIX is down to 3.92 from 1100 in October 2011...
      3/18/13
    • jcllier3: Exactly... only problem is it can jump BIG sometimes (50% a few weeks ago) but long term it's gold. I usually go in and out (cont)
      3/18/13
    • jcllier3: to avoid those big jumps, but would have been better off just holding from about $10 a few months ago.
      3/18/13