I wanted to buy some calls for the next week's nice bounce, like to $278. But I didn't feel like buying calls at the end to hold over this weekend. That means I'm pretty bearish at this point. When I don't buy calls, AMZN shoots up. Hahahaha . . .
" . . . what this meanz geegee iz that you are conceding to the power of the sybil trade."
Well, unlike shorts here, I try my best to be objective and realistic with my expectations. Apparently, AMZN is in a corrective phase. How long will it last this time, I don't know. It pays to play safe and conservatively. I made three trades buying and selling calls this week. All profitable. I can't complain. On the other hand, what have you loser shorts accomplished this week. Just breathing a sigh of relief, waiting for more drop (without any conviction) watching your losses diminish a little. Bwahahahaha . . . .