Selling Swing: shorting NFLX 300 July calls at 1.59-.50 ver

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.
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MMASSASSIN
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Selling Swing: shorting NFLX 300 July calls at 1.59-.50 ver

Post by MMASSASSIN »

Selling Swing: shorting NFLX 300 July calls at 1.59-.50 vertical through NFLX 310 July puts at .25 area 2x OVERSIZED the spread. also covering short NFLX 290 puts at 1.90-2.01 area from 1.40s then going long same contract amount and holding the long leg. this fully terns our bullish positioning into a bearish position with it financed truth short on calls.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!