Follow me on Twitter!

Friday, December 16, 2022

Options trading : Amazon (AMZN) semi-bullish trade (RD)

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



12/1/2022

sell -1 Dec 30, 2022 $85 put at $0.99 (credit)
  • 30 DTE
  • prob ITM (assignment): 18%
  • FOMC press conference on 12/14/2022


12/13/2022 (17 DTE)

buy back short put at $0.45 to remove the risk (the FOMC's press conference is scheduled for Dec. 14)

PROFIT:  $54