shorting NFLX 245 weekly calls at 1.45-1.25 vertical trough NFLX 250 weekly calls at around .50 area

 

/s shorting NFLX 245 weekly calls at 1.45-1.25 vertical trough NFLX 250 weekly calls at around .50 area . NFLX bearish positioning we did yesterday worked out perfectly, we have 100% gain on the far out of the money weekly calls short plus the monthly puts held up there premium. But now that the day lows have been lost am starting to add to the bearish strategy but we have a very big gap down that could still cover . So if we see strength develop then would quickly tern this into an iron condor by shorting puts and exiting the short calls but holding the long calls side of the vertical. Just trying to update future strategic thinking that could happen quickly here if things turned against us.

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