Selling Swing: shorting NFLX 120 weekly puts at 1.40 area t

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MMASSASSIN
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Selling Swing: shorting NFLX 120 weekly puts at 1.40 area t

Post by MMASSASSIN »

Selling Swing: shorting NFLX 120 weekly puts at 1.40 area trough NFLX 115 weekly puts at .55 area. NFLX is not cooperating on her bounce yet but am still bullishly placed and now with this short add have more puts shorts than long calls. This protects against sideways action as we have seen for the last 2 days , plus even if we don't run as long as we don't go bellow 120 by friday then we should see overall profits on this strategy.

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 !!
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