buying NFLX 245 weekly puts at .94-.99 area OVERSIZED. As mentioned on the last post now we have the short on calls so will use that to finance a long on puts

 

/b buying NFLX 245 weekly puts at .94-.99 area OVERSIZED. As mentioned on the last post now we have the short on calls so will use that to finance a long on puts. Don't like to chase the premium as we have but at least the short we did earlier on the 270 puts at .90 are now losing premium fast. This is a higher risk bearish bet but its financed by the short on puts, considering adding to the short on puts on any NFLX bounces.

Posted in General Trading