Selling Swing: selling NFLX 245 May calls at .95-.83 area an
Posted: Thu May 19, 2011 3:58 pm
Selling Swing: selling NFLX 245 May calls at .95-.83 area and NFLX 240 may calls at 3.60-.50 area. before the close on a day of nothing but sideways action am choosing to remove the long calls from the equation as to protect existing profits from all the short verticals on both puts and calls. As long as we stay bellow 255 and above 240 into tomorrows expiration all those legs move to 100% gain