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Buying Swing: buying NFLX 105 weekly puts at 1.20-.30 OVERS

Posted: Tue Oct 18, 2011 10:59 am
by MMASSASSIN
Buying Swing: buying NFLX 105 weekly puts at 1.20-.30 OVERSIZED I may of chased it but the 113.19 line was lost. Yesterday on my formulas NFLX was on the verge of multi day negatives and today at open I overslept but despite the late entry see this as a day 1 of a possible multi day retrasement on NFLX. When trends shift bearish on NFLX I do not wish to miss the play even if late. Agin this is not the best entry but if she was to bounce back to 114.90 I would look to add an additional stake.

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 !!