Selling Swing: shorting NFLX 230 April puts at .89-.74 2X OV
Posted: Thu Apr 14, 2011 1:04 pm
Selling Swing: shorting NFLX 230 April puts at .89-.74 2X OVERSIZED moving into a IORN CONDOR and removing risk while brining up the profit potential. Still have another 1x on the calls short so its an unbalanced strategy but it can equate to easily 5x oversized profit as long as final magnet is anywhere between 240 and 230 tomorrow. I believe it should be 235.