Selling Swing: shorting NFLX 210 March calls at 2.10-2.00 an
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Selling Swing: shorting NFLX 210 March calls at 2.10-2.00 an
Selling Swing: shorting NFLX 210 March calls at 2.10-2.00 and going long NFLX 195 march puts at 2.00 filed a few but wish to clear ideally on the long puts at 1.80s but wont wait if it dose not materialize. Am taking a very bearish stance on NFLX here for a significant intraday negative has cleared on my formulas but multiday negatives have not yet. Last week we timed a nice 340% gainer when we timed the bounce on NFLX and now believe that that bounce may be coming to an end, but it is early in the game so the short on calls can work agains sideways action depreciation. as I send this out the calls are down to 170s and still believe its a good point to short and U can do a vertical spread to bring down risk.