sell short -1 April 26, 2019 $1910 put option at $2.51
Facts:
- Q1 earnings announcement the previous day (4/25) after the Closing Bell
- AMZN trading around $1917
- 30 delta
- selling put options is a semi-bullish strategy
- this is a same-day trade (4/26 expiration) to take advantage of theta time decay
- AMZN closed at $1950.63
Friday, 4/26/2019 (11:12:38 am, PT)
buy back put option at $0.11 (to remove the risk and protect my profit)
PROFIT: $240 (in 2.25 hours)
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