Selling Swing: creating NFLX 445 450 455 cB call butterfly

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MMASSASSIN
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Selling Swing: creating NFLX 445 450 455 cB call butterfly

Post by MMASSASSIN »

Selling Swing: creating NFLX 445 450 455 cB call butterfly based of the existing 445 long leg.
bought NFLX 455 calls at .90-1.00 area
double shorted NFLX 450 calls at 2.71-2.50 area.
This locks in good profit and gives us more profit potential if she end the week at 450.

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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