Selling our AMZN put contracts.

After testing the lows from earlier this month, AMZN appears to have found support. The stock could move sharply higher if we get a true bear market rebound.

While we’ll be taking a loss on these specific contracts, we’ve already locked in more than $16,000 in profit from AMZN from previous positions this month. So overall, AMZN has been an effective way for us to partially hedge our long exposure.

• Selling (to close) our AMZN June 3rd $2125 Put
• Limit $60.00 or more
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• 11:14 Executed
• Sold AMZN June 3rd $2,125 Put @ $61.80