1️⃣ Why am I making this trade now?
Closed out amzn cash secured put sold last week to lock in the gains on expiration day. Sold the put at slightly below the 1 standard deviation implied volatility move to collect premium while amzn stock price trade in this choppy range.
2️⃣ What’s my plan from here?
Will continue to look for opportunities to scalp amzn cash secured puts for premiums when volatility spikes as the share price remain to be far below the average analyst price targets. Its a comfortable price to get assigned for a long term investment as well. If share price reverse higher instead, may look out for opportunities to sell covered call instead. But thats only if the price goes slightly overbought
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.01 1Lot(s) | +97.73% Closed |
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