Selling Swing: shorting NFLX 220 May puts at .61-.54 area ve

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

Selling Swing: shorting NFLX 220 May puts at .61-.54 area ve

Post by MMASSASSIN »

Selling Swing: shorting NFLX 220 May puts at .61-.54 area vertical trough 210 puts at .23 area OVERSIZED the spread. This short on puts is meant to protect our great profits on NFLX that has been today as high as 300% pure profit intraday now its about 250% gains on that one on the long on 230 puts. This is but day one of multiday negatives so the fall should continue but overnight wish to create protection from bounce or sideways action.
Top

Return to “Swing for the Fences”