AMZN - Earnings Thursday July 29 - My prediction and trading idea

maxinger · Jul 26, 2021

It has been in the bullish channel.
So it will continue to be in the bullish channel
until the chart says otherwise.

JSOP · Jul 26, 2021

AMZN is reporting earnings. Wooo it's gonna be a volatile week...

SunTrader · Jul 26, 2021

Amazon has split a total of three times, once in '98 and twice in '99

Maybe some think that means they are overdue. If that is the case why have they gone 22 years so far?

OptionsOptionsOptions · Jul 26, 2021

I just opened this trade.

BUY CALL AMZN'21 30JL@3860 $-2602.24
SELL CALL AMZN'21 30JL@4000 $998.74
TOTAL DEBIT $1603.50

OptionsOptionsOptions · Jul 26, 2021

Trading idea for Tuesdays July 27 earnings from GOOGL, AAPL, and MSFT.

Buy the 1-strike OTM QQQ calls that expire Wednesday July 28.
They should be just a tad over $1.00 on Tuesday July 27.

S2007S · Jul 27, 2021

Overnight said:
The hell did you come from S2000, out of nowhere like Spiderman? Aren't you a perma-bear? Go away! Shoosh! *swats away evil bear*

Ha

I'm back. Of course a perma bear. No other way. Today is just a beautiful day in the neighborhood a beautiful day in the neighborhood

marc82much · Jul 27, 2021

OptionsOptionsOptions said:
I just opened this trade.

BUY CALL AMZN'21 30JL@3860 $-2602.24

SELL CALL AMZN'21 30JL@4000 $998.74

TOTAL DEBIT $1603.50

I liked this idea this morning. Thank you. I am in at $1.45 on the 28 July 363 calls. Looking like one of my better trades. Will work it through tomorrow, then see... Again, thanks.

OptionsOptionsOptions · Jul 28, 2021

OptionsOptionsOptions said:
I just opened this trade.

BUY CALL AMZN'21 30JL@3860 $-2602.24

SELL CALL AMZN'21 30JL@4000 $998.74

TOTAL DEBIT $1603.50

The 3860/4000 Debit Spread is still open - worth about $500.
AMZN at $3,630.
AMZN earnings on Thursday.

OptionsOptionsOptions · Jul 29, 2021

A lot of the July30 Put strikes will be up 1000%+.

VicBee · Jul 29, 2021

Was burned once before by AMZN Q reporting. Good results, plunging stock price.

1st time is a lesson, 2nd time is dumb.

Might be a while before it hits 3700 again...

VicBee said:
I also think they will beat earnings, but I don't think that will translate on the share price. If you look at AMZN historical, the share price tended to drop after the announcement and recover and grow some days and weeks later.