With IV going nuts and prices pulling back, just I played the AMZN to the down-side. I hope to have caught the peak of panic today, but I left room to do it again tomorrow. My bear call spreads have one hitch: limited profit. Now I’ll check in on retracements in the FX market and go short there too. I’m toying with AMZN calendar….OK. Done.
In the past 3 days I’ve seen the perma-bears brought to their knees. But not me baby, not me.
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