Selling Swing: selling 1/2 of NFLX 230 May puts at 2.40-.25

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: selling 1/2 of NFLX 230 May puts at 2.40-.25

Post by MMASSASSIN »

Selling Swing: selling 1/2 of NFLX 230 May puts at 2.40-.25 at 307% Pure profit from the lowest entry just yesterday, BIG SMILES. will hold the rest but with the bounce we just saw on the markets wish to protect some profits even though usually multiday pull backs demand just that , several days of fall and a fall bellow 230 is still a very real possibility. We still hold a 1x oversized stake and do not plan on exiting those till multiday direction shifts positive.