$NFLX #ShortPuts – Bought to close NFLX Jan 20 2017 85.71 Puts @ 9.75 .

These don’t expire for 298 more days but I’m reducing my downside exposure across the board on ultra long term puts in volatile stocks. I think we have a big downdraft sometime this spring.

Originally sold last August at 11.30 and 12.50. At the time I was short a bunch of NFLX calls which are all gone.