The time decay has really come in on the near term options. We didn’t get a ton of return here because the implied volatility kept heading lower.
It’s time to bail because of the upside risk relative to the potential rewards we could get further.
Sell to close AMZN Mar/Apr 360 put calendar for 3.28
Sell to close AMZN Mar/Apr 375 put calendar for 4.95
Sell to close AMZN Mar/Apr 390 call calendar for 5.53
