AMZN will eventually fill these - my strategy

16 Nis 2023

If AMZN does a similar move to NVDA or META, I fully expect some obvious gap fills. Not a matter of IF, but a matter of WHEN.

1st tgt: $125.25
2nd tgt: $163.27

If market doesn't sell off hard, I will sell cash secured puts of AMZN until these gaps are filled.

16 Nis 2023

Not

To be clear, this could take months. But that's ok. As long you generate consistent income, and manage your risk, you should be fine.

If these puts are filled and you got shares assigned - you sell a covered call.

1 May 2023

Not

Needs to hold ~1102, if not it's going to ~$98.