Amazon delivers “Max Profit” again

Jon Lewis

Amazon (NASDAQ: AMZN) is a stock that sucks more air out of the room than any other stock. That’s why we keep coming back for more Amazon “max profit.”

Coming off a mixed earnings report, AMZN popped up on my “Trade Scan” as potential trade as the typical “earnings volatility crush” hadn’t hit the stock.

Being a math and probabilities guy, I liked the numbers…

  • the stock was trading sideways between the 200 and 50-day moving averages
  • IV rank was a robust 40%
  • the 50-day sold strike had just a 23% chance of expiring in the money
  • and we could collect 20% plus return on our capital

We made the trade.

Watch my latest Trade Scan video to see how we ended up with $570 of Amazon cash profits and a 23.4% return in just 28 days.  Another “max profit” trade.

Get my Simple Options Strategy that Paid $4,263 In December While Everyone Else LOST Money.  In LESS then 30 Minutes a Week you can create an “extra” $200 to $300 of weekly income from ANY SIZE account and in ANY MARKET CONDITION following my “80-20” Trade Scan strategy. Check it out here.

About The Author

Meet Jon Lewis, With over 20 years of real experience, teaching AND trading, Jon will help you learn to use options profitably and safely in portfolios of any size.

His advantage, and now yours, is using simple, often overlooked spread options strategies which generate consistent income without significant risk.