Scamazon iz clearly in a downtrend with its former uptrend broken and damaged by institution distribution
Bots cant make money on puts like they used to with volitlity so low, and this pig haz flown its course. This all comez together and allowz the patient short trader an easy choice:
Maintain existing shorts or open a position for a long term sell, hold and subtract the rips strategy
If it goez up to the 50 sma (267 ish) short more if you comfy doing so, if it goes up to 285 short more with targets to add more at 300, 320, 340, and 360.
Hold all shorts 'for an extended period of time', opting to swing trade a portion at historic support levelz of 205, 170, 120, and look to reshort the swing trade position on pops of 20% or more from the cover point.
Always make sure that you have sharez to make final coverz at 50.00 or less
Stay away from optionz at all timez - they are a scam.
This iz a very easy stock to short provided that you dont get nervous, and you dont swing for the fence.