Selling Swing: shorting NFLX 275 weekly calls at 1.53-1.45
Posted: Fri Jul 22, 2011 10:29 am
Selling Swing: shorting NFLX 275 weekly calls at 1.53-1.45 vertical trough NFLX 285 weekly calls at .05 and shorting AAPL 390 weekly puts at 2.02 vertical trough AAPL 380 weekly puts at .03 area Both of those position were same money allocation as the opposite shorts to create straddles on both of those lines. So both shorts were about 2x oversized each to hedge the other sides short. Once AAPL passed the 390 I covered the 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 !!