Hey guys,
I’m really looking forward to amazing earnings!
Little biased here leaning towards the topside although my options spread does include bottom side cover.
I noticed Amazon broke out of the diagonal trend last week which I took some profits on… And retested yesterday with a little bit of a pop.
I’m expecting to see some excitement (next week) before earnings and planning on opening other straddle (earnings week) favouring the downside into early September.
This options spread cost around 9.5 credits and I feel fresh having both ends covered until Aug 19.
I’m really looking forward to amazing earnings!
Little biased here leaning towards the topside although my options spread does include bottom side cover.
I noticed Amazon broke out of the diagonal trend last week which I took some profits on… And retested yesterday with a little bit of a pop.
I’m expecting to see some excitement (next week) before earnings and planning on opening other straddle (earnings week) favouring the downside into early September.
This options spread cost around 9.5 credits and I feel fresh having both ends covered until Aug 19.
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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.