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Options Corner: AMZN Earnings Play

Options Corner: AMZN Earnings Play

Schwab Network · Schwab Network

February 5, 20264m 51s

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Show Notes

Amazon (AMZN) earnings are in the queue and ready for delivery after the closing bell. Rick Ducat pulls out the chart and shows why Amazon's symmetrical triangle formation could carry significance heading into the earnings report. Rick also identifies heavy trading volume nodes between $230-$221. Later, Tom White employs a "don't be a hero" example options strategy in his trade. He describes the reasons why a trader could consider a short-term put vertical for AMZN.


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