Buying Swing: buying NFLX 125 weekly calls at .87 .95 and 1
Posted: Tue Oct 04, 2011 10:18 am
Buying Swing: buying NFLX 125 weekly calls at .87 .95 and 1.05 OVERSIZED as mentioned earlier, this is where cleared. NFLX held the 113.20 on the body of every candle yesterday so after the strength at open today, had planed to use a retest of the 113.20 level as a accumulation opportunity of long calls play, now that we have the short from yesterday on the puts side protecting against sideways action. As usual NFLX dose badly when the market is strong and best when market is weak and today we can safely say its an ugly market day, hence good for the stock that cares not what the market dose.
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 !!