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Buying Swing: buying NFLX 165 sept calls at 1.30 and buying

Posted: Fri Sep 16, 2011 10:12 am
by MMASSASSIN
Buying Swing: buying NFLX 165 sept calls at 1.30 and buying NFLX 160 sept puts at 2.00 moving into a strangle on options expiring today. Am betting on volatility , usually do not like strangles but if the volatility continues one should overcome the other.

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 !!