Selling Swing: selling 1/2 of QZNXG at 4.00 area AMZN 135 Pu
Posted: Tue Dec 08, 2009 11:11 am
Selling Swing: selling 1/2 of QZNXG at 4.00 area AMZN 135 Puts Dec 100% PROFIT. were here taking some profits of the table on AMZN puts that we initially entered into on thursday at 1.95. Multiday direction remains negative but this strength in AMZn today surprised me and wish to remove risk. Big smiles last week made 300% on AMZN calls bullishly and this week 100% on AMZN puts bearishly . Were still holding the short on 145 qznli calls , that I wish to hold until multiday direction terns positive for it should continue to lose premium.