Notice how well the two stock move together. Netflix is up 16% today (406.12 +57.32 last) on earnings.
Netflix reported earlier than Pandora and gives us a heads up look into what we might see from Pandora when they report. Note the tight long term correlation between these two securities.
Use options to manage risk if you are fearful of taking an outright position long in Pandora (P, 15.92 last).
Risk 3 times the 11-day Average True Range in Pandora. Upside to 20-25 in 1-3 months, 15.92 last.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.