Selling Swing: shorting NFLX 285 weekly calls at .87 area ve

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MMASSASSIN
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Selling Swing: shorting NFLX 285 weekly calls at .87 area ve

Post by MMASSASSIN »

Selling Swing: shorting NFLX 285 weekly calls at .87 area vertical trough 290 weekly calls at .40 area OVERSIZED the spread. On my formulas multiday negatives have again cleared and even though last week this formula did not work out am attempting it again today. But do understand if AAPL gains due to its event then NFLX can quickly run right back up. The strategy is to wait for a bounce and look to also enter some long puts on NFLX using the short on calls to finance the long on puts and protect against sideways action as we did with AAPL friday in the opposite direction.
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