Buying Swing: covering short on NFLX 250 june calls at 2.00
Posted: Thu Jun 16, 2011 10:52 am
Buying Swing: covering short on NFLX 250 june calls at 2.00 , taking a loss on this short but we did well to today short the 260 calls so it offset this loss and we still have the short on 270 calls so we are now back to a fully bearish strategy on NFLX since we will hold the long on 245 puts leg, that we do not exit.