/s selling then shorting NFLX 300 weekly calls at 1.20-.08 the short same contract amount as the long position we still hold on the 295 weekly calls. so now we have a debit spread overnight, so that we protect against theta and remain bullish NFLX.

 

/s selling then shorting NFLX 300 weekly calls at 1.20-.08 the short same contract amount as the long position we still hold on the 295 weekly calls. so now we have a debit spread overnight, so that we protect against theta and remain bullish NFLX.

Posted in General Trading