Buy AMZN via selling a vertical put spread:
Sell Feb 140 puts
Buy Feb 130 puts
AMZN @175.4
I see a Marketwatch article with the headline: Amazon the next Netflix (link), and take a position. Selling a vertical gives a small credit and some crash protection, also doing the vertical lessens the margin requirement.
Long AMZN, BRKB, SPY, TBT
No comments:
Post a Comment