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Selling Swing: shorted NFLX 140 weekly puts at 2.44-.20 are

Posted: Mon Sep 19, 2011 12:28 pm
by MMASSASSIN
Selling Swing: shorted NFLX 140 weekly puts at 2.44-.20 area vertical trough NFLX 130 puts at .74 area 2x oversized the spread this is 2x oversized to help erase losses on todays long on calls if this is the bottom the premium on the 240s is so very high here. Would stop out if we were to lose the day lows.

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 !!