CaloCapital

Iron Condor Netflix

CaloCapital Updated   
NASDAQ:NFLX   Netflix, Inc.
Originally a call credit spread, legging into a Iron Condor with each wing 10 dollars apart. 590/600 and 515/505 strikes Expires 4/23. Taking in over 200 dollars credit with a 1000 outlay. High probability trade.
Comment:
netflix plunged. bought back top of condor waiting to see market reaction before closing at a loss
Comment:
Netflixed Rebounded to 514 ish and I succesfully exited for a small 60 dollar loss on the trade. Will Continue selling Call credit spreads
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.