NFLX earnings spread

Discussion in 'Options' started by heiasafari, Jul 22, 2012.

  1. These posts quoted below is a total lack of communication. http://www.elitetrader.com/vb/showthread.php?s=&postid=3582477#post3582477



    :)
     
    #51     Jul 28, 2012
  2. sorry guys if i was unclear.. i put a butterfly with a positive bias on netflix.. and a ratio backspread on for earnings.. i lost on both.. the 65 /65 ratio i closed out at 4.10 debit.. i put the ratio on at a credit of .06 cents.. the butterfly i put on was totally a different trade.. both obviously weren't on target! thats copied right off my trade log.. i think i'll post that directly from now on.. i get mixed up with what people are saying alot of times and its frustrating.. so i should make my posts clear at least! haha

    BOT 1 NFLX JUL 27 '12 + 105 - (2)85 + 95 Call Butterfly 1.57 USD
    BOT 1 NFLX JUL 27 '12 - (1) 65 + (2) 60 Put Put Vertical Spread -0.06 USD


    SLD 1 NFLX JUL 27 '12 - (1) 65 + (2) 60 Put Put Vertical Spread -4.10 USD


    of course the butterfly expired worthless
     
    #52     Jul 28, 2012
  3. what do you mean??? i'm buying similar vol exposure to a ATM straddle..?
     
    #53     Jul 28, 2012