Selling Swing: adding short NFLX 150 puts at .88 this is my
Posted: Thu Oct 14, 2010 3:39 pm
Selling Swing: adding short NFLX 150 puts at .88 this is my last short on the 150 puts and brings up the holding to 3x oversized, nut this short is equal money allocation to the 150 calls so it makes a new strangle, the other 2x oversized 150 puts shorts from 2.40 and 1.40 were strangles for the NFLX 160 calls that we shorted at 1.40 and are now .11 cents. so this becomes a new strangle