Selling Swing: shorting weekly puts at 1.79-1.60 area 2x o
Posted: Mon Sep 26, 2011 10:59 am
Selling Swing: shorting weekly puts at 1.79-1.60 area 2x oversized trough NFLX 115 weekly puts at .65-.80s area Vertical Credit Spread. Still hold the 160 weekly calls we entered into friday for this week at .53, .58 and .71 2x oversized, its trading at the same levels right now, and now with a credit spread we can protect against sideways action, for remain bullish NFLX after an enormous fall like this want to catch the bounce. sorry on lost post said SPY but meant NFLX obviously.
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 !!