$AMZN Traders Lens

I never like catching a falling knife, but we are getting very close to some serious long term support on $AMZN at around 2880.  My way to play this is to sell Jan 28 2880 puts for now – and if the support holds, I would look to buy some shares outright.

About the Author

$AMZN Traders Lens

Jeffrey Ramson

Jeff Ramson is the Founder and CEO of PCG Holdings. Jeff is also Publisher of Investors Prism and Fund Manager of ProActive Capital Partners.