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AMZN at 3286
I’m selling an OTM put spread, 50 points wide with 37 days until expiration. I will target 50-70% of max profit and I dont want to risk more than 1.5X credit if the trade works against me.
Order Ticket:
Risk Profile:
AMZN at 3412
I’m buying back the 3050/3000 Put Spread for 1.50 debit. The profit in this trade is 4.30 or 74% of max potential profit.
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