I closed $AMZN 20240315 172.5 PUT$  ,🏃 Saw that the earlier thesis of near-term Vanna and Gex supporting a strong support at 172.5 is no longer valid, when today I observed the negative Vanna at 172.5 turned positive. The negative Vanna at 170 has also gotten less negative. Best to exit with a small profit here. Live to fight another day 💪
AMZN PUT
03-07 01:22
US20240315 172.5
SidePriceRealized P&L
Buy
Close
1.55+4.58%
Closed
Amazon.com
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  • What’s Vanna and Gex?

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    • jace0777
      They are second order option greeks and helps to gove insights into the way market makers hedge their positions. I’ve found them particularly useful for oredicting key areas of support/resistance and near-term price action
      03-07
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  • A35
    ·03-07
    Open stock account
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