Selling Swing: selling NFLX 190 Sept calls at 20.30-.00 260

[MMASSASSIN]

Selling Swing: selling NFLX 190 Sept calls at 20.30-.00 2600% PURE PROFIT yes twenty six thousand % from .73 and buying SPY 180 weekly calls at .63 area OVERSIZED.This has been a spectacular week, and we entered the NFLX puts at .73 thursday on the belief that this over priced thing was breaking apart. Did not expect the fall to happen so fast but with slow down in growth the evaluations become excessive . Now after a free fall like this and almost 3 thousand % gain on the long puts play , am here taking a very high risk bet for a bounce. this is high risk high return but a bounce back to 180 before tomorrows expiery is more than possible.

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 !!