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re: Options Trading Thread
Posted on 2/3/24 at 5:52 pm to BCreed1
Posted on 2/3/24 at 5:52 pm to BCreed1
I understand you are already up on that position but things can change quick. Just giving my opinion. No point in wasting capital unless you want to hedge that position, just ride the uptrend in AMZN. 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...
Posted on 2/3/24 at 6:20 pm to thatguy777
Amazon is breaking out I think it sees 225 this year
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