#shortcallspreads
AMZN
Trying my luck with these again, yesterday sold 1640/1670 Nov 16 spread for $13, added 1630/1660 at $12. I think I sold at bottom. It rose $10, then settled at $2 profit on 1640/1670 trade and small loss on 1630/1660. Today began with a spike upward and now settling back down into profitable area for 1640/1670. It expires Friday with a rich premium if I can hold it that long. The price gyrations are quite upsetting since I was out of synch with price action. It is one to keep an eye on if you like action.