Thursday, March 21, 2013

Going Ahead w/ AMZN Spec long

First I'm going to close half of the equity short...
It's at a decent little profit, the idea would be to ride AMZN higher and then fill out the equity short as it looks ready to reverse. I don't close all of the position because there are so many potential black swan events.

Then I like AMZN April 20th $255 Calls, spec position size.

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