Buying Swing: covering NFLX 165 calls short at .38 area lock

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.
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MMASSASSIN
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Buying Swing: covering NFLX 165 calls short at .38 area lock

Post by MMASSASSIN »

Buying Swing: covering NFLX 165 calls short at .38 area locking in profits on the short from 1.03 so now have a fully naked 150 puts short with no calls short to offset risk. If NFLX shows more weakness then would consider making the strangle again with 160 calls to match the 150 puts