Friday, December 5, 2014

$AMZN Options Look Prime for Gains

With the price swing today in Amazon shares, AMZN, as far as how they moved throughout the day, the range varied by about $6 per share from the intraday high to the intraday low.  With this, a straddle position looks more appealing.

However at this point, I am still very bullish and am long AMZN.  If I were looking for an options strategy here, I would go for calls at this point.

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