A reversal signal on 2/14 allowed for a 1 Sigma OTM credit spread sell on NFLX, a Deep ITM Put w/ .65 delta or higher, and an OTM Skip-Strike Butterfly to the downside, centering the trade around the $138 price point.
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.