Selling Swing: shorting NFLX 300 July calls at 1.59-.50 ver
Posted: Thu Jul 14, 2011 10:36 am
Selling Swing: shorting NFLX 300 July calls at 1.59-.50 vertical through NFLX 310 July puts at .25 area 2x OVERSIZED the spread. also covering short NFLX 290 puts at 1.90-2.01 area from 1.40s then going long same contract amount and holding the long leg. this fully terns our bullish positioning into a bearish position with it financed truth short on calls.
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 !!
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 !!