Sep 2019: AMZN $1725- $1750 Bull Call Spread
Stock
Trade Structure
Trade Date
Expiration Days
Trade Rationale
Trade Selection Criteria
Overall market movement
SPY pulled back from its all time high of 302 to 294 but is showing signs of going back up again. Overall a range bound market
No Earnings or Significant News
Earnings are behind us and the next earnings will be after our expiration cycle.
Bollinger Bands outside Keltner Channels
Bollinger Bands are outside Keltner Channels. However, they are not as extended as I usually like them to be. AMZN is pretty much range-bound here.
RSI Analysis
RSI is in oversold territory, however not showing any clear signs of trend reversal.
ADX Analysis
ADX is weak and indicates that there is no trend in place.
Trade Analysis
Trade Outcome
Profit/Loss
Beginning Account Balance
Ending Account Balance
How much did you pay for this spread?
Last year, I was just documenting the costs in the comments and not in the beginning like I am doing for the 11th challenge. You will notice I have mentioned $1200 in the chart comments.