Since initiating the Nov 230/210 Put Spread last Friday, AMZN has dropped 5%, and my spread appreciated by more than 50% (see updates below). I took the profits with the intention of rolling them to a trade …
Continue readingVolatility October26
2nd Trade Update Oct 25th, 2012 at 1:04pm: I am closing the second half of this Nov regular Put Spread and I am now going to look to roll strikes and expirations, possibly to …
Continue readingTrade Update Oct 25th, 2012: Since initiating this bearish position last Friday afternoon, AMZN is down about 5% into tonight’s Q3 print. To state the obvious, AMZN has been a tough nut to crack on the short …
Continue readingHere’s a preview of what I’ll be talking about on Options Action tonight: Event: AMZN reports their Q3 Thursday Oct 24th after the close. The options market is implying about an 8.5% move (the atm straddle is …
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