I will urge caution this week. We may see a bit more turmoil and volatility in the market. For short term trades, I’ll choose stocks that show better resistance to the volatility. NFLX appears to be one of those now. The following chart shows less volatility, when compared to BIDU or PCLN.
NFLX is on top of my list. NFLX’s price has held up pretty well in the recent volatile market. Its SMA 20 is ~ 238 and SMA 50 is ~232. With these 2 support lines, NFLX is not very probable to go south of 230 within one week. Hence a spread of 225-230 is a pretty safe bet in this short term frame. As of Friday’s close, NFLX 225/230 spread has a $0.5 value (Cost $4.5, profit $0.5). 
BIDU: 120-125 appears to be a support range. I may consider a spread of 120-125. As of Friday, bullish call spread of 120-125 costs $4.775, with a profit of 5-4.775=$0.25/sh, low but safe (5% weekly return, 0.25/4.775). 
PCLN: A spread trade under its 50 day SMA is still a good trade (500-508). Cost 4.5, profit: 0.5. An even safer spread (495-500), cost: $4.55, Profit: $0.45. I prefer the 495-500. The original chart was corrupt. I added a new one on May 24th.
BIDU: Under it’s 20 day and 50 day SMA. It’s more likely to go lower than NFLX.
PCLN: It’s chart is between BIDU and NFLX: under 50 day but above 20 day SMA.
