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Amazon.com Inc (AMZN)

NASDAQ
Currency in USD
Disclaimer
176.59
-2.95(-1.64%)
Closed
After Hours
172.17-4.42(-2.50%)

AMZN Comments

earnings 29 july... i m studing and buying selling this title since years mt personal prevision is that amazon will fall to 2800$ till the end of june.. as usual bifore the earnings... than will grow in the First 20 days of july till price 3560...my personal opinion based on years of studies of amazon
Same trend as last year
Personally I do short quite a bit however shorting Amazon based on earnings timing is beyond crazy. Options are expensive, a 1% move equals $25 to $40 (depending on the current price). You only need a dad day and your options are done, unless you go a coulple of months out and deep in fje money. If so then you are looking at $14K per option and will at least need reserves for 5 contracts in case you want to avrege out. So lets say $50K if you want to at least have all tools needed for for this trade. Yes you may get lucky trading the weeklys but that’s exactly what it would be luck. With $50M there are much better opps.
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