Amazon.com
Short
Aggiornato

AMZN just retested old support, longer-term bearish

162
AMZN probably is not going to have a great time going forward. Just retested old support from there earnings bounce. Getting into a Sep 2022 2700 put (straight up). It is expensive so I will have a stop on it, but giving this trade plenty of time to work.
Nota
This trade is really working out well, so I'm letting it ride for a while.
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Ok, well I have closed this put position. As the market has convinced me, it will most likely continue to go higher.
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Glad to see this did work out.

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