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Jakeccc
Feb 18, 2015 3:50 AM

Short Call Spreads, but not bearish. Short

Amazon.com, Inc.NASDAQ

Description

Best strategy would be selling call spreads against 383. Expect the market to drift, not explode higher from now on. So even though you're wrong, it will give you enough time to react and roll higher.

If we gap up tomorrow, that would be the perfect time to sell spreads.

AMZN might not even pull back, just building another flag to challenge ATH. So if you wanna profit from it, use neutral strategy.
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