Selling Swing: shorting NFLX 190 weekly puts at 1.85-.70 2X
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Selling Swing: shorting NFLX 190 weekly puts at 1.85-.70 2X
Selling Swing: shorting NFLX 190 weekly puts at 1.85-.70 2X OVERSIZED to create a straddle since we own 2x oversized NFLX 190 weekly calls from 1.80. am under the belief that we will see 190 as the magnet point, we did well to short the 185 weekly puts yesterday as a hedge at 1.47 now they are .33 plus still old the 195 weekly calls. So now U see the premium depreciation strategy unfold where profits on the outside lines strangle are strong and the inside straddle is placed to buy us time. And here time is our friend 2 days from expiration. And big smiles on AAPL both 240 weekly and monthly calls, the monthly 340s believe they can become a home run, 400% or more gain form our 2.72 enters if all works out.