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Selling Swing: shorting NFLX 220 weekly puts at 1.76- 1.65 t

Posted: Tue Apr 26, 2011 1:58 pm
by MMASSASSIN
Selling Swing: shorting NFLX 220 weekly puts at 1.76- 1.65 trough NFLX 215 puts at .60s. OK the short on 245 and 240 puts are doing very well as NFLX fell like a rock but now think that NFLX may of hit its intraday oversold area and am moving to short the 220 puts trough 215s for she should still bounce back above 230 and want to take advantage of this huge premium that can evaporate fast intraday.