Selling Swing: shorting NFLX 245 weekly calls at .55-.49 abo
Posted: Tue Apr 12, 2011 3:42 pm
Selling Swing: shorting NFLX 245 weekly calls at .55-.49 about 2.5X OVERSIZED same contract amount as the long on 240 and 250 calls creating a hedge on the 240 april calls long and a vertical on the 350s. This creates a Butterfly only did not start of as a butterfly but fell into it now.