Amazon and ERTS are announcing earnings result tonight. A huge swing is expected in AMZN and little less in ERTS. So keep your backspread readys to do a paper trade to understand better how it works.
Cheers and profitable trading, OptionPundit
amazon, AMZN, backspread, Earnings, ERTSAbout this blog
OptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒
OPN Performance
This assumes a $10,000 starting and fully invested capital. The current phase started when OPNewsletter was re-opened in Jan'08 for Feb'08 expiration. OPN Month is counted as 3rd Friday of each month same as US Equity option expiration day. Comparison with S&P500 or Dow is not shown as it's unfair to expect from such large institution to deliver high returns. I would rather compare with my own target.
AP Biz News
- Consumer borrowing falls by $7.94B in November
- Retailers report dismal December sales
- Obama warns of dire consequences without stimulus
- Stocks mixed as jitters about consumers revive
- Prosecutors: Madoff was ready to send out $173M
- Continuing jobless claims rise more than expected
- Boeing plane orders, deliveries fall in 2008
Stay Informed (RSS or Mobile)
Been There, Done That
Leave a reply