shorting NFLX 235 April calls at 1.16-1.00 OVERSIZED so now have a straddle in the 235 line with the iron condor from yesterday with shorts on the 240 calls and 230 puts with longs further away out of the money

 

/s shorting NFLX 235 April calls at 1.16-1.00 OVERSIZED so now have a straddle in the 235 line with the iron condor from yesterday with shorts on the 240 calls and 230 puts  with longs further away out of the money. So with this strategy if the final magnet is 235 then the potential is for 7x oversized profit by the end of the day on NFLX alone. So far so good big smiles. Everything expires today so knocking on wood.

Posted in General Trading