A couple of things triggered this idea in me. This morning, I read about Clear Channel (CCMO.PK) Los Angeles getting fined by the FCC for some contest violation. And I saw where the Wall Street Journal will mention your name in the paper (whippie!) if you come closest to guessing the closing price of a stock they select.
I'm going to do one better on the Journal.
Netflix (NASDAQ:NFLX) reports earnings on Wednesday after the close. No matter how the report turns out, the stock probably moves hard on Thursday.
Here's the contest: Guess the price NFLX will close at on Thursday. Do not email me your guess. Leave it in the comments section of THIS article so it becomes a matter of public record. The two closest guesses win. In case of a tie, we'll go to volume. Whoever comes closest to the number of shares trades in NFLX on Thursday (regular session only) wins a tiebreaker. So, make sure you answer both questions in your comment:
- What will NFLX close at this Thursday, 1/26?
- How many shares will trade in NFLX this Thursday, 1/26?
The second closest gets a copy of the eBook for free via email.
If, however, you do not like contests, never win them or simply want one or both of these products right away, you can, of course, purchase them now at the following links:
Basic Options Trading: Options Strategies For Beginners eBook at Amazon.com.
Sign up here for the Options Investing Newsletter and subscription service, which will include model portfolios, long-term trade ideas, speculative options trades, dividend capture ideas from Robert and education on basic to intermediate-level options strategies. We're both pretty excited about this. We publish it weekly on Tuesdays with real-time updates several times per week.
So, there you have it, leave your TWO guesses in the comments. Closing price for NFLX this Thursday and the number of shares traded in the stock on that day.
If you are so inclined, please use the tabs at the top of the post to recommend this instablog on Seeking Alpha and share it on Facebook, Twitter and Google + so we can really make things exciting.
Disclosure: I am short NFLX.
Additional disclosure: Author is short NFLX via a position in June $40 put options.