Option Selling » Put Spread http://optiongenius.com/blog The Option Genius Blog Tue, 07 Sep 2010 17:15:11 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Free Trade AMZN http://optiongenius.com/blog/free-trade-amzn/ http://optiongenius.com/blog/free-trade-amzn/#comments Thu, 12 Nov 2009 17:28:15 +0000 Genius http://optiongenius.com/blog/?p=163 An astute member brought Amazon (AMZN) to my attention a week ago. After some uncertainty, I think AMZN is going higher or at least will not come back to the level it was at before earnings. At least until after DEC expiration. So that makes a Put credit spread a good  bet.

Sell the Dec 115 Puts and Buy the 110 Puts. My software is showing you can get this for .64 credit each.  That would be a 14.4% profit. DEC expiration is 12/19. If you can take the trade off for .10 debit, do so.

The expiration day breakeven on this trade is 114.34 and it has a 92.84% probability of success.

Free Trade AMZN is a post from Option Selling. To learn how you too can earn 8-12% Monthly Returns Safely and Conservatively check out OptionGenius.com

Free Trade AMZN is a post from Option Selling.
To learn how you too can earn 8-12% Monthly Returns Safely and Conservatively check out OptionGenius.com

]]> An astute member brought Amazon (AMZN) to my attention a week ago. After some uncertainty, I think AMZN is going higher or at least will not come back to the level it was at before earnings. At least until after DEC expiration. So that makes a Put credit spread a good  bet.

Sell the Dec 115 Puts and Buy the 110 Puts. My software is showing you can get this for .64 credit each.  That would be a 14.4% profit. DEC expiration is 12/19. If you can take the trade off for .10 debit, do so.

The expiration day breakeven on this trade is 114.34 and it has a 92.84% probability of success.

Free Trade AMZN is a post from Option Selling.
To learn how you too can earn 8-12% Monthly Returns Safely and Conservatively check out OptionGenius.com

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