Selling Swing: shorting NFLX 345 weekly calls at .55-.49 abo
Posted: Tue Apr 12, 2011 3:41 pm
Selling Swing: shorting NFLX 345 weekly calls at .55-.49 about 2.5X OVERSIZED same contract amount as the long on 340 and 350 calls creating a hedge on the 340 april calls long and a vertical on the 350s. This creates a Butterfly only did not start of as a butterfly but fell into it now.