Took advantage when AMZN price declined intraday and entered a vertical spread for income. This is dip in an uptrend, with short term EMAs are serving as support to price.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Open | -1.15 4 | -- Holding |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- MoiraHorace·05-29 16:52That 255/250 put spread entry is clean — you letting it expire or taking it off early?2Report
- VNW Capital·05-29 18:25usually I close 1-2 weeks before expiry or when it reach 75% profit with just half of the DTE used, because no point squeezing for few dollars. I recycle capital where there is better yield.1Report