Buying Swing: covered short on NFLX 125 weekly puts short a
Posted: Wed Sep 21, 2011 1:59 pm
Buying Swing: covered short on NFLX 125 weekly puts short at 3.80 area from 2.22, tock a loss and will keep the 120 puts long. NFLX seams to have failed to bounce though would not hesitate to re attempt a bounce very soon once some strength is seen. Day lows were lost and chose to wait, still hold and am down strongly on the long calls positions.
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 !!