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AMZN! HEDGE PLAY! SELL THE HIGH!

Diupdate
Buy hedge puts with strike 1040.00 March puts! HOLD it!
Catatan
If the market pulls back, this will get all of your money back! you should have 10% of your a/c filled with AMZN puts. MAY puts preferred.
Catatan
If the puts lose its value, you lose 10% of your a/c and make more with your calls! don't be greedy.
Catatan
buy the options when the stock is trending upward, and buy at the bid, don't use market order.
Catatan
I trust his instinct.
1981 SPX500 TOP ON REAGAN TAX CUTS & 27% CORRECTION FOLLOWS
Catatan
Waite till noon to noon if you are going to buy the hedge puts. It will start green, but it might go red tomorrow.
Catatan
The market will bounce up, might make a double top, or a megaphone. This is an oppertunity! play short term calls, and LT puts.
Catatan
Buy short term amzn calls, lets gamble. exp 15 days :D
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