When I posted my NFLX supercharger box trade, I was testing to see whether call debit spread or put credit spread would hit profit first. Well, both horses crossed the finish line and the puts won by appx 30 minutes.:-)
Bot NFLX Jun22 352.5/357.5 x2 BuCS @ 3.86. Sold @ 4.70
Sold NFLX Jun22 357.5/352.5 x2 BuPS @ 1.30. Bot back @ .34
The puts not only won the race in terms of time. They also brought in .02 more profit. I’ll be doing more box superchargers and possibly going with more credit spreads than debit spreads.