DAY TRADE - small position - pullback due
Completely overextended and has been in headlines. Buying weekly puts for a pull back. Set stop over 40 or 41 and trade small.
Trade active
Opened weekly 35 puts for 1.40. Stop loss set at 1.00.Trade closed: stop reached
Closed at 1.15. Do not like price action for puts and options will decline if IV drops. Due to high IV, I am not opening a swing trade.Note
If you opened a trade with stock over 39, you should have a nice profit! I let it go and moved on. Have a nice AMZN put day trade working right now.
Disclaimer
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.
Disclaimer
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.