Trade of the Week: Unusual Options Activity in Amazon

Amazon, Options, Videos

Recently, there has been unusual options activity in Amazon (AMZN). The online retail giant has seen a record amount of business this holiday season. While it could be simply a matter of fewer people wanting to fight the holiday crowds, it also is a sign that consumer spending in the US has remained strong.

After the price of AMZN stock has climbed in recent days, a trader purchased a put spread expiring in January. The trade makes money if the share price drops prior to January 17th expiration. This position could be a hedge against a long stock position, or it could be a bet that the stock price has peaked and could be headed back down.

$500 into $678,906?

If you had followed Jay Soloff’s trades, with a little luck, you could’ve turned $500 into as much as $678,906.

That sounds unbelievable. But you gotta see how it’s possible.

If you can scrounge together $500 in cash, it could’ve been worth a small fortune today.

Check out how it could’ve happened for you, click here.

 

[FREE DOWNLOAD] 10 Simple Rules for Trading Options Like a Pro

[FREE DOWNLOAD] 10 Simple Rules for Trading Options Like a Pro

Follow these 10 simple rules from 20-year professional options trading veteran, Jay Soloff and start earning a reliable extra income from options.

 

NO prior experience needed to master these 10 simple options trading rules. 

 

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