Shared by
billjf
Earnings play for Jan 31 - Expecting big upside move
AMZN currently at 1860
Played the downside hedge
PUT debit spread 1730 / 1720
Cost: $92
Max Profit: $908
Risk: $92
1/31 - AMZN rocketed to 2050 and settled back to 2007
2/7 - Expired worthless
Loss: $92
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-30 15:59:00 | FEB 7 1730 PUT | buy | $4.160 | long |
| 2020-01-30 15:59:00 | FEB 7 1720 PUT | sell | $3.240 | short |
| 2020-02-08 00:00:00 | FEB 7 1730 PUT | sell | $0.0000 | 0 |
| 2020-02-08 00:00:00 | FEB 7 1720 PUT | buy | $0.0000 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!