The NFLX active short trade was up big in the after-hours session today following the earnings release to close the after-hours session at 217.40, or about 5 1/2% above the suggested stop level of 206. As often stated, my preference is to take advantage of large moves in the pre- & post-market trading sessions from earnings & news induced order imbalances in a position to close a trade if my profit target is hit but I prefer to pull my stops and wait until the first 15-30 minutes of the regular trading session before re-entering my stop order as the buy/sell imbalances that are exacerbated outside the regular trading session are usually normalized or reversed by then. As of now, the stop on that trade remains 206 although I will share my personal plan if the stock is indicated to gap above that level tomorrow morning. Typically, my preferred exit strategy when caught on the wrong side of a gap is to pull my stop and re-enter it just above the reaction high shortly following the open but I will share my thoughts based on how NFLX and the broad markets are indicated to open before 9:30am ET tomorrow.