Industry: ELECTRONIC - COMMERCE Closing Price: 85.80 P/E: 57.53 Avg. Vol.: 8,030K
Company Profile: Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. The company lists unique items in categories such as books, music, DVDs, videos, consumer electronics, toys, camera and photo items, software, computer and video games, tools and hardware, lawn and patio items, kitchen products, and wireless products.
Objective: Income Strategy with consideration for additional Accumulated Income.
Trade: BUY the OCT 85 PUTS and SELL the AUG 85 PUTS (Calendar Spread) for a Debit of at or near 3.42
Entry Target: AMZN between 84.50 and 86.50 with RISK MANAGEMENT Alerts at 84 and 87