Selling Swing: selling then shorting NFLX 300 weekly calls
Posted: Tue Jul 19, 2011 3:56 pm
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 !!
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 !!