Selling Swing: selling then shorting the NFLX 230 weekly put
Posted: Wed Mar 30, 2011 3:22 pm
Selling Swing: selling then shorting the NFLX 230 weekly puts at .80-.72 making the short 2x oversized. Making it a vertical with the 220 puts and makes this an iron condor since still were short on the 250 weekly calls vertical trough 255s and also short the 245 weekly calls. It is a bit of an of balanced position but so far profiting nicely on premium decay.