$AMZN Overbought - Due for pullback

16 Nis 2020

AMZN Expecting to hit a near term top today or tomorrow, it's possible it pushes for the $2,500 mark.
Anticipating a near term, healthy pullback to the $2,315 or EMA 20 area at least leading up to ER.

16 Nis 2020

Not

Given how expensive the premiums are to play this in either direction I would be looking at buying vertical put spreads with near term expiration.