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re: Options Trading Thread
Posted on 2/2/24 at 9:56 pm to BCreed1
Posted on 2/2/24 at 9:56 pm to BCreed1
All of the flows after earnings were bullish today on AMZN, could see a slight pull back and your position makes sense if a hedge on your shares...but it wants ATHs this year. I would just ride the wave, probably gets to 200 this year
2
Posted on 2/3/24 at 8:52 am to thatguy777
quote:
All of the flows after earnings were bullish today on AMZN, could see a slight pull back and your position makes sense if a hedge on your shares
I'm already profit with it.
quote:
but it wants ATHs this year. I would just ride the wave, probably gets to 200 this year
I won't say I will never sell it, but I have no plans to sell my AMZN shares.
Posted on 2/5/24 at 8:39 am to thatguy777
quote:
You have to close that bear spread to make money which I assume you have not done. Basically, there is no point to buying a put spread on a stock in an uptrend, its a waste of money, unless you are hedging. It might work out for you this time...who knows...
Made 40% on the put spread.
This post was edited on 2/5/24 at 8:41 am
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