July 19, 2022
Intraday Update: AMZN
Tech is having a huge session, and the heavyweights are leading the action. AMZN is up nearly 4.5% in afternoon trading, and the Aug05 $116 - $120 call spread is well into the money. The plan will be to lock in some gains and roll up to a lower debit Aug05 $120 - $124 call spread. We will be looking for a move to 120+ quickly to lock in more money.
Open Positions
* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".
Trader Author Portfolio Holdings
**As of the date and time of publication
