Crazy some of the premiums expiring in November. You can make roughly $10,000 in premium selling one put at a strike of 3055 expiring November 20.
Crazy some of the premiums expiring in November. You can make roughly $10,000 in premium selling one put at a strike of 3055 expiring November 20.
You better really want to own AMZN at that price to sell puts. I could see doing that if I had a multi million dollar balance account and wanted to buy AMZN but I would want it much lower.
Thanos was the hero
I have one I sold at the 2700 level that expires October 30. It seems like the premiums post election seem elevated. I only got $2,600 on that one but it was a much lower strike. I'm very tempted to sell one closer to the money when this one expires.
Are you required to have cash in a brokerage account to sell the put?
I almost pulled the trigger on a 11/20 put spread this morning. I hesitated because of the holiday shopping coming up and folks are staying away from traditional stores because of the corona. What do you guys think?
BTW, 10/16 calls paid nicely today
I do not have $300,000 in cash on the side, but it is good to learn from yall.
I do not see Amazon sales going down now. Covid cases are going up in several areas, so online sales will still be strong.
Holy baloney the premium shot up after hours like a rocket today
I was watching the option movement on Amazon on think or swim and it was crazy. Rumor is someone dropped a big block on the market at the close. Not sure if that is true or not.
Wow, you have puts at 2700 that’s a long long way away.