Selling Swing: shorting NFLX 245 weekly calls at 1.53-1.30 O
Posted: Tue Mar 29, 2011 1:35 pm
Selling Swing: shorting NFLX 245 weekly calls at 1.53-1.30 OVERSIZED. Earlier sold the long on these same calls and now am going to short the calls, this can help hedge against sideways action on the long 230 puts. Making the 245 calls a vertical with the 255 calls with the spread being the OVERSIZED.