WAIT FOR DROP
I have November 125 Puts at $2.29 average. I'm wondering if we can go that low between the next two days.
Even if we get to $125, those will be worthless. Sell them today for whatever you can get.
I'd love it if we did, but honestly, don't see it happening.
Best strategy is to sell all of your November puts today when it hits $128 or $127.50. AMZN won't get lower than that. Then using the proceedings to buy December $130 when it rebounds to $130.50 or $131 in the next few days.