Buying Swing: adding NFLX 280 weekly calls doubling the lon
Posted: Wed Jul 27, 2011 12:08 pm
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 !!
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 !!