Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

AMZN emailed to 12:18 p.m

AMZN the biggie. You might get an EBAY or a NVLS here folks with AMZN. February 60 calls are getting cheaper by the minute (I would wait even they are about 1.30 no rush to pick them up now). The February 55 PUTS ZQNNK are $2.10 and getting more expensive. I like the fact that even if AMZN beats I doubt it will last and could be down in the upcoming days. Some very savvy traders are even popping those Februry 50's ZQNNJ for a mere $0.60 hoping that AMZN hits 53 or so by options expiration. (THIS Last position of course for the experienced trader who will be shorting AMZN along with the puts)