Straddles April 23, Amazon

For tomorrow we have Amazon as the biggest attraction. It is currently trading around $80. Since we have so many days still until expiration, an attractive play would be an 85-75 strangle. Here are the maximum moves and prices as of 1:50PM.



A longer shot, but potentially more profitable, would be a 90-70 position.




Please do your own due dlligence before entering into any such positions. There is the potential for 100% loss when using options. The prices quoted above were the prices as seen by my broker at the time mentioned.


And here are some of the current results, from our online tracker:

(click to enlarge)