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Barchart
Barchart
Mark R. Hake, CFA

Amazon Stock Has Been Flat for the Past Month, But AMZN Put Credit Spreads Have Worked Out Well

Amazon.com Inc. Barchart

Amazon Inc. (AMZN) stock has been treading water over the last month. I discussed doing an AMZN put credit spread on Sept. 14; it returned a 12% ROI in the same period. As a result, it's time to do a new AMZN put credit spread.

AMZN was at $259.92 on Oct. 7, but a month ago, when I wrote about it in a Sept. 14 Barchart article ("Amazon's Operating Cash Flow Could Push AMZN Over $314 - What's the Best AMZN Play?"), AMZN was at $256.78,

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