Power Plays Update: Taking Off AMZN
February 1, 2024

By Scott Redler

We'll take off our remaining piece of Amazon (AMZN) off into earnings tonight. It's been a decent winner, and I want to protect the gain here.

Remember, Microsoft (MSFT) and Google (GOOGL) both sagged after earnings.

If you want long exposure to Amazon, you might consider buying a $165 X $170 call spread for tomorrow's expiration.


Scott Redler Positions Disclosure as of 2024-02-01 at 10.08.51 AM