You know, Sometimes you just get lucky 🍀....
Yesterday into the close I bought 1 AMZN $2015 call for 2.36....well this morning I sold that same call for 40.0.
A 17x return on that massive earnings beat, and at one point the overnight was 34x. Too bad the market shit the bed today and never gave it a chance to stay at highs. I bailed at the open.
Oicture didn’t post. Surprise surprise.
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Nice trade. You should have bought 10......
I try to only sell open spreads and then buy back when they get cheap. Collecting that beautiful time decay
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