Selling Swing: shorting NFLX 250 June puts at 1.00-.85 verti

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MMASSASSIN
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Selling Swing: shorting NFLX 250 June puts at 1.00-.85 verti

Post by MMASSASSIN »

Selling Swing: shorting NFLX 250 June puts at 1.00-.85 vertical trough 245 june puts at .34 area 2X OVERSIZED the spread . This is 2x oversized only to create a balanced hedge on the short on NFLX 270 june calls and brings us into an Iron Condor. Now remain bearish multiweek on NFLX but market is strong and NFLX is building . This buys us time.
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