NEW TRADE IDEA:

New Master Trader Bear Call Credit Spread on AMZN based on price action below.

Reminder, please read the value-added documents at the bottom of your member area.

Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.

9/5:  AMZN – Consider shorting Sep (9/7) $2050/2060 bear call credit spread (2 DTE) for around current mid-point of $.60/share.  -WRB from climactic sell setup on daily.  Stop Loss:   $2044.12.