Sell Call Option of AMZN and receive
Option Premium by using Harmonic Pattern
3550 is very strong resistance and now price
formed bearish Harmonic Pattern
Method 1: If you believe the price will drop in the future,
you can buy put option , striking price@ 3460
Method 2: If you have AMZN stock and you don't mind
to take some profit at 3550,
you can sell call option, striking price at 3550
Expiry chose One month
Option Premium by using Harmonic Pattern
3550 is very strong resistance and now price
formed bearish Harmonic Pattern
Method 1: If you believe the price will drop in the future,
you can buy put option , striking price@ 3460
Method 2: If you have AMZN stock and you don't mind
to take some profit at 3550,
you can sell call option, striking price at 3550
Expiry chose One month