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Selling Swing: shorting NFLX 155 Oct puts at .85 area oversized . NFLX has moved back to the 155 magnet so our strangle with 150 puts short worked out well but wish to protect the 155 calls short. To refresh am holding on short strangle of 160 calls short to 150 puts short 2x oversized on each end and another straingle of 150 puts short and 155 calls short 1x oversized on each end. now that we accumulate a oversized short on the 155 puts we wish to lock in profits on the 1x oversized stake short on 150s we added yesterday so only that contract amount whatever it was and hold the other strangle that represents much less risk now , so terming the last strangle from yesterday into a short straddle on the 155 line 1x oversized on each end.