By Dan Darrow
September 12, 2022
Intraday Update: AMZN
With indices starting at their fourth green day in a row ahead of the CPI, it is a good morning to reduce some risk. AMZN is opening up above 134, hitting the initial target for the Oct14 $133 - $139 call spread, so the plan will be to work quickly to lock in money. The current spread will be closed and a tighter Oct14 $135 - $139 call spread will be opened. The next target will be 136.50+.
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**As of the date and time of publication