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February 5, 2015 at 2:25 pm
#2082
Steven Place
Keymaster
AMZN is hitting 378 so that’s close enough for the next add.
Buy to open AMZN Mar/Apr 375 put calendar @ 4.23 or lower
This moves our breakevens to 346 and 390 (although those breakevens will tighten up if the IV falls).
Next add on another 20 point move higher.