Buying Swing: covering NFLX 210 mar puts short at 2.00 area
- MMASSASSIN
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Buying Swing: covering NFLX 210 mar puts short at 2.00 area
Buying Swing: covering NFLX 210 mar puts short at 2.00 area from 4.50 at over 50% profit then going long NFLX mar 210 puts at same price area OVERSIZED Will hold the 200 puts short that we entered into today at 1.87 and are now down to 51 cents so strategy working out well. Today NFLX gained on a upgrade and was cough short on the 210 calls witch amounted to about 100% loss, plus also was long 195 puts. After that these shorts on pouts today were a strategy shift that is doing what they were intended to do witch is erase losses. Now am again taking a stab bearishly on NFLX but with mental stops on this new long puts position set to go off if we pass 218 only a buck higher than here.