Selling Swing: shorting NFLX 250 weekly calls at 1.60 area

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MMASSASSIN
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Selling Swing: shorting NFLX 250 weekly calls at 1.60 area

Post by MMASSASSIN »

Selling Swing: shorting NFLX 250 weekly calls at 1.60 area vertical through NFLX 260 weekly calls at .42 area OVERSIZED . This is an add to a short of these same calls yesterday bringing up the stake to a 2x oversized short. This will help hedge against sideways action the long on NFLX 225 weekly puts entered into yesturday. We saw market weakness at open today, now at the bounce am starting with the NFLX calls shorts, and if we see another pull back , then will be watching SPY calls for a vertical short swell as AAPL even. The one hesitant on APL shorting of calls is that we may soon have news of a special event to introduce the next iPhone.

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 !!
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