Page 1 of 1

Selling Swing: shorting NFLX 285 weekly puts at 2.09-1.99 a

Posted: Tue Jul 12, 2011 2:04 pm
by MMASSASSIN
Selling Swing: shorting NFLX 285 weekly puts at 2.09-1.99 area vertical trough NFLX 275 weekly puts at .50 area. We still have the short on NFLX 300 calls and am considering covering that position to tern the position fully bullish for bearish, but now with the iron condor it buys us time. Next level that am watching is 295.

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 !!