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Selling Swing: selling NFLX 280 weekly puts at 1.10-.08 are

Posted: Wed Jul 06, 2011 1:17 pm
by MMASSASSIN
Selling Swing: selling NFLX 280 weekly puts at 1.10-.08 area. NFLX may still fall but it has shown the strength and now we see a triangle intraday with pressure up. Wish to also move into a more bullish tech stance but will keep holding GOOG puts into the Facebook announcement.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!