Buying Swing: adding NFLX 280 weekly calls doubling the lon

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

Buying Swing: adding NFLX 280 weekly calls doubling the lon

Post by MMASSASSIN »

Buying Swing: adding NFLX 280 weekly calls doubling the long leg of the 270 /280 vertical spread and making it off balanced . Now if we move stronger up the next steep in the strategy would be to cover the short on the 270 weekly calls. We did well to short the 270 weekly puts earlier today to buy time and remove losses and if we moved up we have a overall profit strategy.

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”