Foxy, though I stated i didn't think Amzn could get above 211.60-211.70 area , I felt 212.00 - 212.30 was possible on the chart. I DID NOT think we would see $213.70, which occurred (yet still the severe short term downtrend is intact). I followed you and picked up a monthly $215 put, and just now added a June 1st weekly 210 put for $1.32 (obviously , minimal downside). I have sell order on that at $8.00 for tomorrow, equals $202.00 for stock. I see Amzn easily getting into the $190s in next 2 weeks for our other options. Pcln continues to be in an absolute freefall. Best wishes.
I agree, but there is still likely to be some kind of pump yet today, whether it's HFT or positive comments or just short covering. It will be temporary, but it could happen.
I finally grabbed a very small put position in AMZN as it bounced into resistance. I chose the June 16 rather than the weekly, to allow more time, for little extra premium. I may also buy the weekly puts.