As of Friday, I am long January $130 puts on this persistently-overvalued online retailer and cloud-data-purveyor. There was an island reversal gap at 133.69, and the counter-trend push seems to have exhausted on July 3rd.
Goin’ Down on Amazon
As of Friday, I am long January $130 puts on this persistently-overvalued online retailer and cloud-data-purveyor. There was an island reversal gap at 133.69, and the counter-trend push seems to have exhausted on July 3rd.
