DislikedQUESTION. How can this (or any other ER's) be traded with calendars? I was bearish on AMZN. So I will not use calls on it because the long one would expire worthless. How about put calendar spread, with strikes that you don't believe it will reach so fast? Like for example Oct24 / Nov $260... Both options would gain value, but short one would expire worthless and you keep the long one (and close it both right before the close today). ???Ignored
Was surprised the NYC ebola case news had no affect on the bull market rebound. Perhaps it will just plow right through the taper endgame as well, if that comes. FOMC will likely hold out a Festivus present for the markets and keep on the last leg of QE3, or maybe part of it at least. That's my guess and if that's what we get the bull market goes vertical right through the elections and straight up to New Year's. It's a Festivus miracle!
"If The Fool persists in his Folly he will become wise." - William Blake