AMZN TRADE EXPLANATION

٦ يوليو ٢٠٢٠

So, at 2:00 today SPX started moving lower, but AMZN was moving higher. I saw the 3100c premiums were going up in value. Also, AMZN looked good all day today.

That's when i took a small position 3100C and was able to make a quick 20% profit on it.

So, if SPX did start to move higher, AMZN should lead the market higher.