Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

Options Trade for $AMZN: Puts for December

Written By: ChartChamp

December 12, 2023

AMZN is currently trading above resistance at $143.71

AMZN’s seasonality index suggests that December tends to be a historically bad performing month for AMZN so I think this is a great opportunity to setup an options short with puts expiring at the end of December.

Check out my socials:
https://linktr.ee/realchartchamp

DISCLAIMER: Please note that I am not a financial advisor. The content in this video, as well as all videos on this channel are based on my personal perspectives, opinions, and analyses of the financial markets. This content is for informational and educational purposes only, and should not be construed as financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.

1 Comment
Inline Feedbacks
View all comments
MarShaeRae
1 month ago

Why would December be a down month for AMZN when huge buying season?

0

More ClearValue Insights

Default Thumbnail

GS Options Trade Setup

GS has reached a new all time high after reporting strong earnings. I think GS is forming a very bullish channel that has a steep upward slope. If GS rallies to $570 I would consider an options puts trade around $570-575. Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

TSLA Rejected at Resistance

I previously posted a TSLA options puts trade setup in the white resistance zone between $264.72 – $271.23. TSLA already formed a rejection near the lower end of this range that led to a selloff. There is an Oct. 10 robitaxi event that is approaching, I think if TSLA rallies back up to $265 – […]

Read More
Default Thumbnail

TSLA Roboxtaxi Sell the News Event

Tesla has an upcoming robotaxi event on October 10, and I believe that is likely to be a sell the news event. Historically these events usually lead to selloffs on the date of the event. TSLA is approaching a key resistance zone between $264 and $271 with a chance of an overshoot. I think there’s […]

Read More
Default Thumbnail

GS Options Trade Setup

GS has reached a new all time high after reporting strong earnings. I think GS is forming a very bullish channel that has a steep upward slope. If GS rallies to $570 I would consider an options puts trade around $570-575. Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

TSLA Rejected at Resistance

I previously posted a TSLA options puts trade setup in the white resistance zone between $264.72 – $271.23. TSLA already formed a rejection near the lower end of this range that led to a selloff. There is an Oct. 10 robitaxi event that is approaching, I think if TSLA rallies back up to $265 – […]

Read More
Default Thumbnail

TSLA Roboxtaxi Sell the News Event

Tesla has an upcoming robotaxi event on October 10, and I believe that is likely to be a sell the news event. Historically these events usually lead to selloffs on the date of the event. TSLA is approaching a key resistance zone between $264 and $271 with a chance of an overshoot. I think there’s […]

Read More