Selling Swing: shorting NFLX 270 weekly puts at 4.65 area v
Posted: Wed Jul 27, 2011 10:46 am
Selling Swing: shorting NFLX 270 weekly puts at 4.65 area vertical trough 260 puts at 1.20 area same contract amount as the short on 270 calls with the intent of buying time trough a shorts straddle on the 270 line. for now think that this can become a magnet area and wish to profit brought sideways action.
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 !!