Let's talk about AMZN and GOOG.
These FANGs have climbed to the moon. In the past, I've made decent mad money selling puts on GOOG, and more recently AMZN. Here's my little learning moment re: AMZN. I sold 560 strike, or there abouts, puts back before the early year downdraft. I held in there, had the stock put to me, and proceeded to sell at the moneyish calls, 565 strike. Thought I was being clever as it had to go sideways for at least 2 weeks. I kinda need to make monthly premium, so that was a factor. Whelp, it didn't and I'm leavin a crap ton on the table when it gets called away after the close tomorrow. Anyway, let's crowdsource this. Trees don't grow to the sky, and these two are entering the troposphere. Whose got a bead on these? Gimme your views. Buy, sell, hold, wait, sell premium, buy premium.
Posted Apr 15, 2016, 2:27 AM UTC