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Buying Swing: buying NFLX 220 weekly calls at .90-.99 OVERSI

Posted: Wed Feb 23, 2011 1:57 pm
by MMASSASSIN
Buying Swing: buying NFLX 220 weekly calls at .90-.99 OVERSIZED initial entry into a bullish NFLX position. larger picture am more than just bearish NFLX but after 5 days of declines am trying to catch a multiday bottom and bounce that she so often gets. Multiday is still bearish but see here a significant intraday positive and if she continues to build will accumulate further to the calls.