We entered a short position on NFLX today, using a bear call spread, paying us $1.94 net credit.
Bought 450 call / sold 445 call. 10 contracts. June Exp.
As long as NFLX stays below 445, we make max profit of $1,940
Thanks for checking this out - tell me below what you think about NFLX ?
Bought 450 call / sold 445 call. 10 contracts. June Exp.
As long as NFLX stays below 445, we make max profit of $1,940
Thanks for checking this out - tell me below what you think about NFLX ?
Trade closed manually:
This one triggered a stop yesterday, I closed our call spread buy buying it back for 2.10 , net loss of: .16 cents. Not too bad.
NFLX wants to hit $500, we will look for a spot to go long now
NFLX wants to hit $500, we will look for a spot to go long now