Selling Swing: selling 3/4 QZNXY at 2.70 area AMZN 130 PUTS
Posted: Thu Dec 17, 2009 2:23 pm
Selling Swing: selling 3/4 QZNXY at 2.70 area AMZN 130 PUTS to lock in profits from 1.77 initial entry . I see a significant intraday positive here , and even though I remain very bearish there is a possibility of a bounce and expiration closer to the 130 magnet than the 125 magnet . Not the returns I wanted but cant complain with 58% gains