Sell Alert: Take A 33% Gain on Amazon Put Spread
By focusing too much on the long-term, Amazon could be over-investing. Some shareholders will applaud a long-term focus. However, not all shareholders are alike. Many will flee if it looks like Amazon is heading for one of its characteristic margin squeezes in 2022. After yesterday’s sharp sell-off, and today’s slight decline, let’s take a nice gain in this position after only three weeks.
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