Buying Swing: adding NFLX 230 May puts at 1.00-.05 OVERSIZED

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: adding NFLX 230 May puts at 1.00-.05 OVERSIZED

Post by MMASSASSIN »

Buying Swing: adding NFLX 230 May puts at 1.00-.05 OVERSIZED. brings up the stake to 2X OVERSIZED . Big smiles on today initial entry at .51 that is now at 100% profit already. Again the big drops tend to come after a stock moves to test all time highs and if it fails the falls can be very dramatic. Usually the few times we see 1 thousand % gains on options its when the stocks come from all time highs. So the fall can be very dramatic, would not be surpassed to see NFLX at 225 before the week is done, ofcorse that is best case senerio.
Top

Return to “Swing for the Fences”