Wednesday, March 27, 2013

AMZN Equity Short

I had originally closed half of a full position equity short in AMZN when I went with the calls looking for higher prices to add back to AMZN, so the 50 % I cut I intended on adding back at higher prices.

I'm going to add half of that 50% now and wait on the remaining 25% to complete the full position size.

There are simple quite a few things in the market I really don't like the look of and I did what I set out to do, cover some AMZN at a profit and add it back at better prices.

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