Last week we took trades on NFLX that netted just over $4,500 in a two day trade. The risk was about 50% of what it usually is and while the options traded to $8.00 a contract (we entered at $0.70-$0.90) we took most profits off at $4.00. Bad idea? Never. Making money is making money and in the Summer these moves are welcomed. Below is a screen shot from the trades.
See you at the next workshop!