Selling a Bear Call Spread on Amazon Stock: Trade Update (April 28, 2023)
On April 28, 2023, I sold another bear call spread on Amazon stock with strike prices at $116 and $120 with expiry on May 12 28, 2023). For this trade setup, I was rewarded with $13.90 (after commissions).
When setting up this trade I was looking for a very high probability of winning the trade and chose my strike prices with Delta less than 0.1.
In case …
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