I believe that Amazon still has significant upside, and because I wanted to purchase more leverage, I decided to put a call option on Amazon. I have made about $280 so far, but I believe that Amazon will still go up for a while. I believe that waiting for the MACD
line to cross over the zero line would be prudent, but I think that everything else looks okay. Stochastic
seems to be good, RSI
also shows some upward momentum. I also checked the OBV, and that signal appears to be showing upward momentum as well. I will hold onto this option, as the expiration date is on October 4.