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Tuesday, March 5, 2019

Options trade: Amazon short put (semi-bullish trade)

Monday, 3/4/2019 (11:05:10 am, PT)

sell short -1 March 8, 2019  $1632.50 put at $2.47

Facts:

  • 4 days 'til expiration
  • 10.52 delta


Tuesday, 3/5/2019 (11:58:12 am, PT)

buy back put option at $0.80 (take profits)

PROFIT:  $167 (in one day)