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Go down  Message [Page 1 of 1], Inc. (AMZN) Empty, Inc. (AMZN) Tue Jan 24, 2017 8:18 pm



Below is a daily chart of, Inc. (AMZN), $817.50.

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Trade:  Over $822.90, we recommend buying 5 Feb $775/850 bull put spread (24 DTE) at mid-point or better (currently mid-point is $40.80/share).
Strategy:  Continuation of breakout from bullish consolidation on daily and weekly charts into 2/2 earnings (but close prior to earnings).
Max Gain:   Spread width less debit.
Max Loss:  Debit.
Stop Loss:  $802.98

source: mastertrader

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