$90, tomorrow.
Joined Jan 27, 2008
7,405 Blog Posts
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I like the call.
If you play the break-out, pick up the $85 calls. Miminal risk but if that sucker rallies, major gain!
Are you suggesting JUN 85 calls? I don’t understand why the stock would hit $90 b/c of expiration, could you explain? Thanks!
Yes, Jun 85 Calls. I don’t know if AMZN will get to $90 but at $0.40, it will only need to close at 85.40 to break-even. At $90, $400 for 10 Calls will get you $5000. I’m only highlighting the risk/reward here. On options expiration week, the expiring options offer the best risk/reward for daytrades. AMZN has rallied well the past week so may be poised for a big move if the market rallies tomorrow. RIMM 150 Calls also look good. BTW, the same goes with picking up Puts if the market tanks…
AMZN to $90.
Shit I went to your new old site to check out what you had to say and was directed to your new site which is your old site.
Perplexing.
got to keep the traffic flowing to iBC.
and there, Jake, you’ve stumbled upon the key.
NickHo
Thanks for the explanation.
Jake stumburrs on a rot of tings..
Shooah. Rike how Mr. LIMM stumber acloss lotting copse of Dinosoah Tladah aftah he wuz kicked down mine-shaft in rast night’s debate.
Mr LIMM, You like GU?