Buying Swing: turning NFLX 440 435 430 pB into pOB by cover

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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Buying Swing: turning NFLX 440 435 430 pB into pOB by cover

Post by MMASSASSIN »

Buying Swing: turning NFLX 440 435 430 pB into pOB by covering the butterfly short body at 1.65 - 1.75. this turns our butterfly into an open body butterfly where we would like to renter the body again later to again capture more premium.

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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