AMZN: profit taking and also roll the expiring covered call from $230 strike to $240 strike.
Contracts to expire in 2 more weeks on 26th Sept.
Small premium collection $82, in exchange for better delta and for price to be able to move higher towards $240 if possible.
AMZN trades near $229 now so still have some space to move if possible. price has moved down past 3 trading says possibly on capital rotation.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.82 1 | -- Closed |
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- DeltaDrift·09-13Keep this contract rolling?LikeReport
- bouncyo·09-13Great move, loving that strategy! 😍LikeReport
