Buying Swing: buying NFLX 235 weekly puts at 1.07-.14 OVERSI
Posted: Tue Apr 05, 2011 11:39 am
Buying Swing: buying NFLX 235 weekly puts at 1.07-.14 OVERSIZED . higher risk long position. NFLX today new all time highs are seen so technically this is a breakout but my formulas have here cleared multiday negatives, so this is a hard call but will go with the formulas since we have the short on 255s for yesterday. So if we go sideways the short on 255s hedges us into 0 loss on sideways action.