Shared by
billjf
Earnings play for Jan 31 - Expecting big upside move
AMZN currently at 1860
Placed CALL debit spread at 1995/2005
Cost: $88
Max profit: $912
Max loss: $88
1/31 - AMZN rockets up to 2050
Bid and Ask extremely choppy trying to get out.
Settled for $650 exit
Closed for 639% gain!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-30 11:41:00 | FEB 7 1995 CALL | buy | $7.060 | long |
| 2020-01-30 11:41:00 | FEB 7 2005 CALL | sell | $6.180 | short |
| 2020-01-31 09:54:00 | FEB 7 1995 CALL | sell | $60.430 | 0 |
| 2020-01-31 09:54:00 | FEB 7 2005 CALL | buy | $53.930 | 0 |
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