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Selling Swing: adding short to double NFLX 285 july puts at

Posted: Fri Jul 15, 2011 12:00 pm
by MMASSASSIN
Selling Swing: adding short to double NFLX 285 july puts at 1.10 . Covering short on NFLX 285 july calls at 2.75-.85 area. on the puts the short stake but don't need to add to the long leg since we already have that twice the contract amount.

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 !!