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Selling Swing: shorting NFLX 155 today expire calls at aroun

Posted: Fri Oct 01, 2010 12:25 pm
by MMASSASSIN
Selling Swing: shorting NFLX 155 today expire calls at around 1.00 area oversized this will become a straddle I think 155 may become the magnet and to be safer will do equal money allocation short here. now if we get sideways action now we move towards profit on today overall but if we pull back then this entry will help hedge the puts short.