Filled at $.55 on AMZN 9 NOV 1640/1642.5 Bear Call Spread AND Filled at $.40 on AMZN 9 NOV 1387.5/1385 Bull Put Spread while underlying was $1522.31 ($.95 CREDIT for Iron Condor Spread)
I believe stocks are going to congest for some time – let’s take advantage of the wide volatility with an Iron Condor Spread in Amazon.com Inc (AMZN).
Ticker Symbol: AMZN
Expiration: November 9, 2018
Initiate Bear Call Spread
Sell to Open the 1640 Call
Buy to Open the 1642.5 Call
Midprice is trading at/near $.55 at this time. Let’s look for a CREDIT of between $.50 and $.60 TODAY ONLY.
Initiate Bull Put Spread
Sell to Open the 1387.5 Put
Buy to Open the 1385 Put
Midprice is trading at/near $.42 at this time. Let’s look for a CREDIT of between $.40 and $.50 TODAY ONLY.