2min chapter

Stock Market Options Trading cover image

Building a Position in Amazon (AMZN)

Stock Market Options Trading

CHAPTER

Amazon Turns Lower After a Fed Announcement

I started my position in August of this year, and that price was about $135 or so give or take. And then Amazon continued to go lower as did the market. So what I did on that way down was started buying more shares. Now I didn't buy another 100. I started buying them in increments of I think I did 25. As of this recording, I have about 175 shares but do not have a full 200. That's because I'm still selling a covered call on the first 100 shares.

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