Below is a daily chart of Amazon.com, Inc. (AMZN).

Trade:  Consider shorting Sep (9/29) $930/910 bull put spread (2 DTE) for around current mid-point of $.64/share.  Stop Loss:  $931.78.

Technical Setup:   Hourly Breakout from oversold buy setup daily chart.

Option Strategy:   Bull Put Credit Spread (BPS).

Stop Loss:  $931.78.

 

Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com

All the best,

Greg Capra
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method

Dan Gibby
Chief Options Strategist

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