AMZN just retested old support, longer-term bearish
AMZN probably is not going to have a great time going forward. Just retested old support from there earnings bounce. Getting into a Sep 2022 2700 put (straight up). It is expensive so I will have a stop on it, but giving this trade plenty of time to work.
Note
This trade is really working out well, so I'm letting it ride for a while.Note
Ok, well I have closed this put position. As the market has convinced me, it will most likely continue to go higher.Note
Glad to see this did work out.
Options Trading
youtube.com/channel/UCdCwouuMVQVRvB-l3emnQww
discord.gg/XyQZVVECPE
youtube.com/channel/UCdCwouuMVQVRvB-l3emnQww
discord.gg/XyQZVVECPE
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.