Selling Swing: shorting NFLX 160 calls Oct at 1.40 2X OVERSI
Posted: Tue Oct 12, 2010 3:55 pm
Selling Swing: shorting NFLX 160 calls Oct at 1.40 2X OVERSIZED to make a STRANGLE , im here need to protect the NFLX 150 puts short by shorting 2x oversized equal money allocation the NFLX 160 calls to create a strangle. we are profiting very strongly on the 250 calls from 2.40 then today at 1.44 now she is 1.12 but need to hedge with a strangle