Buying Swing: adding day trade NFLX 265 weekly calls at 1.3
Posted: Tue Jul 26, 2011 11:39 am
Buying Swing: adding day trade NFLX 265 weekly calls at 1.32-34 OVERSIZED to make the position 2x overused. This is high risk , very high risk and very far out of the money. If she was to tern against us we can always short same contract about of the 260 or 255 weekly calls to tern the position from bullish to bearish holding this long position as the long leg of the vertical. Just keeping the options open but a long position is worth it due to NFLX passed volatility. AAPL has remained very strong but the larker weakness is most likely holding her back here.
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 !!