685/687.50 weekly bear call spread.
This spread is counter trend so very dangerous and aggressive. I mentioned Yesterday, I wouldn't take this UNLESS AMZN gapped in a way, which slightly breaks the bullish trend. Right now, AMZN gapped up and is filling the bullish gap - with volume. Premium is solid on spread. .50 at market which is 20% ROI, could go a tad higher for safer.
I will exit if AMZN is bullish at EOD or UNRAVEL if gap is bouncing bullish at EOD
This spread is counter trend so very dangerous and aggressive. I mentioned Yesterday, I wouldn't take this UNLESS AMZN gapped in a way, which slightly breaks the bullish trend. Right now, AMZN gapped up and is filling the bullish gap - with volume. Premium is solid on spread. .50 at market which is 20% ROI, could go a tad higher for safer.
I will exit if AMZN is bullish at EOD or UNRAVEL if gap is bouncing bullish at EOD
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