Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $305.00 short put and a strike $300.00 long put offers a potential 33.33% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $305.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $300.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Amazon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Amazon is bullish.
The RSI indicator is at 46.82 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Amazon
Free Shipping Saved Amazon Customers Billions This Holiday Season
Mon, 29 Dec 2014 02:12:49 GMT
noodls – Amazon Prime and Free Shipping saved customers over $2 billion in shipping fees this holiday 100 million more items shipped for free this holiday compared to last SEATTLE–(BUSINESS WIRE)–Dec. 28, 2014– …
Free Shipping Saved Amazon Customers Billions This Holiday Season
Mon, 29 Dec 2014 01:50:00 GMT
Business Wire – — Amazon’s 20th holiday brought more than just record growth for Prime. Amazon customers also saved billions thanks to free shipping. On all items purchased this holiday season, customers saved over $2 billion on free two-day shipping through Amazon Prime and other free shipping offers.
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Sun, 28 Dec 2014 22:00:06 GMT
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Sun, 28 Dec 2014 16:00:20 GMT
Amazon’s Year End Deals Surge
Sun, 28 Dec 2014 14:07:48 GMT
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