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      09-15-2011, 07:22 PM   #178
BMW//M
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Drives: 2009 128i Convertible
Join Date: Aug 2011
Location: Ballwin, MO

Posts: 84
iTrader: (0)

I'm going to enter a butterfly put spread on Netflix. You should try it out...
What I'm doing is:
Buy to open October 165 strike puts
Sell to open October 150 strike puts
Buy to open October 135 strike puts.

And I'd have a ratio of 1 for the 165 puts, a 2 ratio for the 150 puts and a 1 ratio of the 135 puts. Hope I make me some money!
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