Selling Swing: shorting here NFLX 225 weekly puts at 1.50-1.
Posted: Mon Mar 28, 2011 10:31 am
Selling Swing: shorting here NFLX 225 weekly puts at 1.50-1.39 buying NFLX 245 weekly calls at 2.35-.45 OVERSIZED. The 225 was to make a vertical since am long the 220 weeklies from friday, this creates a vertical since making it same contract amount. If NFLX dose not continue higher still have the option to short the further out 250 calls so have those on watch since there is still premium.