Thursday, July 12, 2012

$AMZN setup and chart

going to be a whole quarter that ive been watching AMZN with no position. like ive said before, im not comfortable putting on new credit put spreads with that big gap still hanging out there from last earnings. will likely take this quarters earnings to take it that low. will need to see it under 200 again to get interested.. premiums have been pretty weak as well. will keep on watch list. never know what can happen. setting alert for 201 to get it on my radar

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