Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1900.00 short put and a strike $1895.00 long put offers a potential 44.93% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1900.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $1895.00 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 66.98 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
Jonathan Aberman: What's the mood in the D.C. region's business community? Faint optimism
Thu, 23 Aug 2018 09:00:00 +0000
Two-thirds of the respondents pointed to general business conditions that were favorable to their business but couldn’t point to any particular reason for their optimism.
Condo skyscraper planned for Chromer Building property, former site of Amazon offices and Elysian Bar
Thu, 23 Aug 2018 01:43:17 +0000
A 45-story tower with nearly 500 condo units will replace an old building that until recently housed the Elysian Bar.
Shoreline Sears property to be converted to shops, dining and 1,300 apartments
Thu, 23 Aug 2018 00:46:10 +0000
A year after acquiring the Shoreline Sears, San Francisco-based owner Merlone Geier Partners has released its plans for the 17-acre site. The development of Shoreline Place – previously Aurora Square – will happen in four phases over more than 10 years. When it is finished, it will include 90,000 square feet of retail and dining, 1,300 apartments, a dog park and a large community park called the Town Green.
Exclusive: Amazon adds more space in 525 Market St. in San Francisco
Thu, 23 Aug 2018 00:44:03 +0000
E-commerce giant Amazon continues expanding its San Francisco footprint with a lease for space in a Financial District tower.
[$$] Digital Lock Startup Raises $70 Million Behind Push From Homebuilder
Thu, 23 Aug 2018 00:00:29 +0000
Doors are opening for makers of keyless locks. Companies that manufacture smart locks—which can be opened with a cellphone app or code and sometimes include cameras and intercoms—are battling to edge out traditional locks. Growth is being pushed by online retailers, delivery companies and real-estate firms seeking to make residences more easily accessible for maintenance staff, package carriers and tenants.
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