AMZN Adjustment

AMZN Adjustment

November 12th, 2009, 10:10 am EST.   Posted under Margin Portfolio (MP) by ThetaTrader.
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11/12/2009 - ThetaOptions Margin Portfolio – AMZN Adjustment

It’s tough, but we need to continue selling premium on AMZN, therefore we’re buying TWO more diagonals.

Nov/Dec 09:
Buy To Open: (2) 130/135 NOV/DEC Call Side Diagonal – $0.85 debit

Note: The trade now requires $6000 of margin, $4000 from our on a naked 115 short call.

11-12-2009_AMZN_Adjustment

Current Position:

11-12-2009_AMZN_Position

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