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Selling Swing: shorting NFLX 245 may calls at 1.21 and 1.07

Posted: Fri May 20, 2011 1:36 pm
by MMASSASSIN
Selling Swing: shorting NFLX 245 may calls at 1.21 and 1.07 vertical trough 250 may calls OVERSIZED the spread . NFLX passed the 245 magnet , now that we are at intraday highs there is the risk of a move to the 248 but after such a move then she should move back down.