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Buying Swing: adding NFLX 315 weekly calls at .82 OVERSIZED

Posted: Mon Jul 11, 2011 10:44 am
by MMASSASSIN
Buying Swing: adding NFLX 315 weekly calls at .82 OVERSIZED making the position 2x oversized, earlier today positioned into these calls at 1.25 . If NFLX was to fall then we have the option to focus on a vertical strategy by shorting the 300 weekly calls and tern this position into the long leg of a vertical. Watching AAPL closely for a bearish position truth 345 weekly puts or 350s.

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 !!