Call Bear Spread on Amazon stock – risking $500 to make $35
On March 7th, 2023, I sold 1 bear call spread on Amazon stock with strike prices at $105 and $110 with expiry on March 31, 2023). For this trade setup, I was rewarded with $34.90 (after commissions).
When setting up this trade I was looking for a high probability winning trade and chose my strike prices with Delta less than 0.2.
A call bear spread is an …
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