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Showing posts with label AMZN Mar 8 2019 $1565 put. Show all posts
Showing posts with label AMZN Mar 8 2019 $1565 put. Show all posts

Friday, March 1, 2019

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

Thursday, 2/28/2019 (11:19:31 am, PT)

sell short -1 March 8, 2019  $1565 put at $2.63

Facts:
  • 8 days 'til expiration (DTE)
  • 10 delta

Friday, 3/1/2019 (12:54 pm, PT)

buy back put option at $0.95

Amazon rose $33, so it's time to close my trade and take profits.

PROFIT:  $168 (in one day)