Wednesday, October 23, 2013

Into AMZN Oct 25 '13 $370 Calls @ $0.88 + Into AMZN Oct 25 '13 $280 Puts @ $0.74 = $1.62


Trying out this strangle for tomorrow's AMZN earnings announcement...

AMZN CFO sold some shares in August 2013 at around the $288 level, but if we get a beat, could it get as crazy as NFLX?

I'm going to set price targets to sell on both the calls and puts in hopes that a lot of volatility could hit both these options...





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