Thursday, July 26, 2012

$AMZN AH action

Wouldn't want to be that poor sap that sold at 202ish.
Be really sad if the buyer at the top at16.01 at $222 is the same as the seller for $202.31 a minute later. crazy action after hours. who the heck knows where it will open tomorrow. Sometimes those flash dips (or spikes) on news give us a peek at extremes against which we can setup credit spreads. Will post tomorrow. I usually like Iron Condors but not in $AMZN case; i don't like to stand in front of it at all.