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Saturday, August 13, 2022

Options trading : Amazon (AMZN) Earnings Play

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


7/28/2022 (11:56:32 pm, PT)

sell -1 August 5, 2022 $101 put at $0.24

  • earnings on 7/28 after market close
  • 8 DTE
  • prob ITM: 5.40%
  • AMZN = $122.32
  • market maker move = up/down $7.28


8/5/2022 (Expiration)

AMZN = $140.80

My short put expired perfectly

PROFIT:  $24