Page 1 of 1

Selling Swing: selling NFLX 245 weekly calls at 1.70-.65 are

Posted: Tue Mar 29, 2011 11:19 am
by MMASSASSIN
Selling Swing: selling NFLX 245 weekly calls at 1.70-.65 area loss from 2.35 but since we shorted the 250 weekly calls when NFLX was higher yesterday at 1.70 those are down to .72 cents more than making making up for the pull back and bringing in profits. Plus the strategy will be to hold the 250 puts short and allow 100% gain in the end witch we will most likely gain, we timed that short well yesterday. Also still hold the short on 225 puts and considering if multiday negatives clear on my formulas exiting the 225 weekly puts short and buying 230 puts weeklies.