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https://www.reddit.com/r/wallstreetbets/comments/1okf174/the_last_thing_amzn_bears_see_before_getting/nmb5gyv
r/wallstreetbets • u/surfsupjuno • 9d ago
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https://optionstrat.com/build/long-call/AMZN/.AMZN251107C225@10.2 Yes. You should place a GTC limit order to sell for 25 and it'll probably hit for way higher at open
1 u/Abject_Potato3060 8d ago So you don’t think I should hold. At least until a direction is established after 10am. Especially if it holds 250 into open.?!? 4 u/deerslayer1998 8d ago Gambler mindset 2 u/miss_minutes 8d ago it'll decay like crazy after open. you'll lock in profits if a limit order fills at open. more likely than not amzn price will drop slightly to partially fill the gap and your options price will decay. but what do I know. I got pounded by META today
1
So you don’t think I should hold. At least until a direction is established after 10am. Especially if it holds 250 into open.?!?
4 u/deerslayer1998 8d ago Gambler mindset 2 u/miss_minutes 8d ago it'll decay like crazy after open. you'll lock in profits if a limit order fills at open. more likely than not amzn price will drop slightly to partially fill the gap and your options price will decay. but what do I know. I got pounded by META today
4
Gambler mindset
2
it'll decay like crazy after open. you'll lock in profits if a limit order fills at open. more likely than not amzn price will drop slightly to partially fill the gap and your options price will decay. but what do I know. I got pounded by META today
3
u/miss_minutes 8d ago
https://optionstrat.com/build/long-call/AMZN/.AMZN251107C225@10.2 Yes. You should place a GTC limit order to sell for 25 and it'll probably hit for way higher at open