$Netflix(NFLX.US) Last week, NFLX saw a sudden and sharp correction. While most traders were scratching their heads or panicking, I saw it as a tactical opening.

Whenever a high-conviction company with a strong moat on my watchlist experiences a "washout" like this, my playbook is simple: I either set a Pending Buy Limit at major support or I Sell Put.

I decided to open a Sell Put. Why? Because it’s in these moments of panic that Implied Volatility (IV) spikes, making the risk-to-reward ratio incredibly healthy and profitable for option sellers. I’m not chasing the price; I’m letting the market pay me for the right to buy the shares at a discount. The Verdict: While others are scrambling in fear, I’m hunting for entry points. And when the market gets greedy and starts "performing" again? I’ll just sit back, keep my hands in my pockets, and just enjoy the show. 😏🥂 Karching

@Bridge Buzz SG