you are viewing a single comment's thread.
"Buy FEb 145 calls around 3.50. It's cheap and u can make lots of dollars. Pennies on the dollar easy! "What do you think those calls will be worth if AMZN opens at $140 the day after earnings?
to give u a perspective...i bought email@example.com when AMZN hit $129+ yesterday 01/07.Right now AMZN is at 132+, those calls are at 3.75.Decay and JAN options expiry will drive more folks towards FEB calls.I would think those calls would be worth North of $8.If we open 145, then every dollar it goes up, the options get a shot premium of 20% easy....almost dollar for dollar.Options cheapest way to play AMZN. Hope that helps.
"I would think those calls would be worth North of $8."I think they would be around $5.