Earnings play for Jan 31 - Expecting big upside move
AMZN currently at 1860
Played the downside hedge
PUT debit spread 1730 / 1720
Cost: $92
Max Profit: $908
Risk: $92
1/31 - AMZN rocketed to 2050 and settled back to 2007
2/7 - Expired worthless
Loss: $92
Execution detail:
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