Selling Swing: selling NFLX 145 weekly puts at 15.40-14.21
Posted: Tue Sep 20, 2011 11:01 am
Selling Swing: selling NFLX 145 weekly puts at 15.40-14.21 from 4.20 thats 266% Pure profit. buying NFLX 145 weekly calls at 2.20-.30 and NFLX 150 weekly calls at 1.35 area . Now the profits we locked in on NFLX 145 weekly puts was on on a position that was 7X OVERSIZED, thats BIG BIG SMILES for that comes out to 18x OVERSIZED pure profits on the butterfly leg of NFLX 145 weekly puts longs ).
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 !!