Sell Alert: Book a 130% Gain on Our Amazon Put Spread

Amazon’s business model is ill-suited for an environment of wage inflation, high transportation costs, and a tightening Fed. Let’s take a nice gain today, wait for Amazon’s June 6 stock split, and re-evaluate another put spread in June.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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