Selling Swing: shorting NFLX 210 March calls at 2.10-2.00 an

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: shorting NFLX 210 March calls at 2.10-2.00 an

Post by MMASSASSIN »

Selling Swing: shorting NFLX 210 March calls at 2.10-2.00 and going long NFLX 195 march puts at 2.00 filed a few but wish to clear ideally on the long puts at 1.80s but wont wait if it dose not materialize. Am taking a very bearish stance on NFLX here for a significant intraday negative has cleared on my formulas but multiday negatives have not yet. Last week we timed a nice 340% gainer when we timed the bounce on NFLX and now believe that that bounce may be coming to an end, but it is early in the game so the short on calls can work agains sideways action depreciation. as I send this out the calls are down to 170s and still believe its a good point to short and U can do a vertical spread to bring down risk.