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Barchart
Mark R. Hake, CFA

Amazon Stock Is Up, So What is the Best Play Here?

Amazon.com Inc. (AMZN) generated positive free cash flow at a lower margin last quarter. However, analysts project higher sales, which could push its value higher. AMZN stock has been rising, so investors might be looking for a dip to buy in. 

One way to set a price target is to sell short out-of-the-money (OTM) put options in nearby expiry periods. That way, an investor can get paid while waiting for as lower buy-in price. This article will show how to do this.

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