Buying Swing: covering NFLX 165 calls short at .38 area lock
Posted: Tue Oct 12, 2010 2:38 pm
Buying Swing: covering NFLX 165 calls short at .38 area locking in profits on the short from 1.03 so now have a fully naked 150 puts short with no calls short to offset risk. If NFLX shows more weakness then would consider making the strangle again with 160 calls to match the 150 puts