Selling Swing: selling then shorting NFLX 240 April calls bu

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MMASSASSIN
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Selling Swing: selling then shorting NFLX 240 April calls bu

Post by MMASSASSIN »

Selling Swing: selling then shorting NFLX 240 April calls but since that is the body of the butterfly strategy am going to buy more the NFLX 250 April calls and then short a new oversized short stake on 240 april calls that can also be hedged vertical through 250. So moving the burden of long on all calls shorts to the 250 april calls. So now we are short both the NFLX 240 april calls oversized and short 2x oversized the NFLX 245 april and long the 250s as a hedge.
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