Power Plays Options Update
AMZN Calls
February 6, 2025

By Scott Redler

Amazon (AMZN) reports earnings after the close and I wanted to give you a quick update on our 2/14 $235 Calls.

We took off 75% at higher prices after Amazon stock rallied hard.

So I'm going to let the final 25% ride into the report today.

With event-based trading, I like to lock in gains when I get an early move in my favor.

That allows me to reduce my risk on the actual event, because no matter how much conviction I have, I could be wrong.

And when a stock goes up into the event, it increases the probability of a sell-the-news event.

Of course, if you want to lock in your final gain into earnings now, feel free to do that.

I'm just sharing my thinking with you into the news.

-Scott

Scott Redler Positions Disclosure as of 2025-02-06 at 10.17.23 AM

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