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Buying Swing: shorting NFLX 110 weekly puts at 1.48 and 1.2

Posted: Wed Oct 05, 2011 12:49 pm
by MMASSASSIN
Buying Swing: shorting NFLX 110 weekly puts at 1.48 and 1.28 vertical trough 100 weekly puts same contract amount as 105 puts short. With the intent of covering the 105 weekly puts before the close so locking in the profits on the 105 weekly puts shorts and rolling it up to a 110 line.

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 !!