mrjr091987

Short Play Here Quick Easy Money- Day 2

Long
mrjr091987 Updated   
NASDAQ:AMZN   Amazon.com
AMZN 10/02 Call Option 3100 at $39.00 ($3,900 even if not purchased at lows).
Tuesday we saw 5%+ Gains closing candle signaling trend reversal.
Weds down 4%+ analyst Upgrades. With Elections getting closer, Vaccine Delays, and Possibility of a Gov't shutdown expect some volatility!
But you can also make some money on short flips. If you have the ability to day trade let the stock run up, you can cash out at 7500 just on market swing.
I expect a green day ahead AMZN is making big swing so day 2 of 30 day $100k, we have taken money we have made in QDEL run up. Bought the dip on AMZN
started with 1800 doubled to buy AMZN call above, going to take this option at $3,900 with a MAX hold of 1 day, (unless the market opens tearing up tomorrow), we are going to be looking to sell just over 3100 for another easy double here.
Day 1- $1,800
Day 2- $3,900
Understand I AM NOT a financial advisor, this is not financial advise. Please do your own HW & DD. This is for entertainment purposes only.
Comment:
Day 2 - Sold AMZN 10/02 Call option at $79.00 ($7,900) . Stock continued to move bought dip this time Buying AMZN 10/02 Call Option, Strike price of $3115 for
$52.00 ($5,200) and GOOGL 10/02 Call Option, Strike price of $1425 for $24.90 ($2,490) holding the positions over night.
Day 3 - Sold AMZN Call option at $60.00 ($6,000) making $800 and Sold GOOGL Call Option at $35.50 ($3,550) making $1,060. Ending these trades with $9,550 +$210 left over not used in trades for a total of $9,760.
Starting Day 1 with $1,800 to Day 3 with $9,760 making $8k in about 3 days. See Day 3s trade for progress stock EHTH
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