Buying Long Term: buying long leg of july monthly NFLX 400
Posted: Fri Jun 13, 2014 11:56 am
Buying Long Term: buying long leg of july monthly NFLX 400 390 pDS at 9.20 area 2X OVERSIZED with a spread in mind of 3.50. This means were taking a strong bearish bet into next week with a full 2x spread in mind of 3.50 without the short leg protection. If TSLA shows continuation strength next week then we can easily reduce the risk by shorting the 395 puts and bring down exposure risk. We think there is a strong chance that NFLX is toping out here larger picture.
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 !!