Buying Swing: buying NFLX 315 weekly calls at 1.20-1.25 OVE

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: buying NFLX 315 weekly calls at 1.20-1.25 OVE

Post by MMASSASSIN »

Buying Swing: buying NFLX 315 weekly calls at 1.20-1.25 OVERSIZED. We today broke all time highs and we are on the verge of multiday positives on my formulas plus the daly charts show us holding above the old trend line so all this together in a ugly market open this monday could lead to strong rally this week on NFLX. Am watching her closely here and after the opening hour if this strength is held will look to add a second oversized entry. Cant fight the tape, irrationally high PE continues to fuel the bubble.

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 !!