Selling Swing: selling then shorting NFLX 300 weekly calls

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:
Contact MMASSASSIN

Selling Swing: selling then shorting NFLX 300 weekly calls

Post by MMASSASSIN »

Selling Swing: selling then shorting NFLX 300 weekly calls at 1.20-.08 the short same contract amount as the long position we still hold on the 295 weekly calls. so now we have a debit spread overnight, so that we protect against theta and remain bullish NFLX.

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 !!
Top

Return to “Swing for the Fences”