Buying Swing: Turning NFLX bearish again by reentering the
Posted: Wed Sep 24, 2014 3:14 pm
Buying Swing: Turning NFLX bearish again by reentering the long leg of NFLX 450 445 pDS puts debit spread at 2.41, the same contract amount we had since friday. Remember we locked in profits on the 450 445 pDS at 4.75 area thats 12X Oversized profits we already locked in the first around , now a reentry would make every .37 cents a oversized in mind since the initial position from friday was 2X OVERSIZED. This will also be the same contract amount of the NFLX call butterfly wings we have at 445 450 455.
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 !!