Selling Swing: sold 1/2 of the 235 weekly puts at 3.40 area

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MMASSASSIN
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Selling Swing: sold 1/2 of the 235 weekly puts at 3.40 area

Post by MMASSASSIN »

Selling Swing: sold 1/2 of the 235 weekly puts at 3.40 area from 1.07 full 210% pure profit and shorting NFLX 230 weekly puts at 1.14 OVERSIZED. see a significant positive on NFLX and wish to lock in the profits, on the bearish bet that is 2x oversized and this can give a hedge intraday. This locks in 2x oversized pure profit because of the size of the position, the rest will let ride for now since my formulas remain from yesterday multiday negative. may add back to the 235 puts before the close for a follow trough pull back into expiration.