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Sunday, October 2, 2022

Options trading : Amazon (AMZN) Earnings Play

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FREE OPTIONS TRADING LESSONS HERE.


7/28/2022 (11:56 am, PT)

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

  • AMZN = $122.32
  • prob ITM = 5.40%
  • market maker move = up/down $7.28 post-earnings


8/5/2022 (expiration)

AMZN closed at $140.80

My short put expired perfectly

PROFIT:  $24