AMZN post split

3,331 Views | 10 Replies | Last: 4 yr ago by YouBet
Lake08
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Got some calls I want to sell, but don't want to miss any type of run. In these conditions, runs are hard, but the premiums still look nice.
lobwedgephil
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AMZN had nice run into split. Just watch theta, will hit you extra hard with adjustment. These typically sell off after splits, but cheaper price could bring in retail, likely depends on market.
YouBet
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AG
Don't see why it wouldn't bring in retail. I just bought 15 shares assuming my after hours order executes. Always a crap shoot on that it seems.
Red Pear Luke
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AG
YouBet said:

Don't see why it wouldn't bring in retail. I just bought 15 shares assuming my after hours order executes. Always a crap shoot on that it seems.


Retail has been tucking tail with the volatility lately it seems.

I put some money into Tesla recently at $1000 per share. Sure wish it was Amazon instead. Either way - I'm still HODL
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Lake08
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Pretty underwhelming. Google looks like the better play pre/post split.
yemtig
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AG
I'd let the price shake out the next couple of weeks. QT beginning soon and CPI this friday might bring this lower in the short term. Most splits slide a bit after they start trading on a split adjusted basis but long term this is a buy.
PDEMDHC
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AG
yemtig said:

I'd let the price shake out the next couple of weeks. QT beginning soon and CPI this friday might bring this lower in the short term. Most splits slide a bit after they start trading on a split adjusted basis but long term this is a buy.
Agree. I'm not concerned about my entry. Bought 100 shares in my Roth IRA and may add more if it drops 10-20%. I'm holding for 20 years so no brainer.

Aggiemundo
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AG
Wow, down another 6% today. I've been looking at this for a long position. Is it time or is this thing going lower?
gunan01
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AG
I think it'll get under 100 personally before it reverses
THEKingKong
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I think it can go lower. The market can go much much lower.
YouBet
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AG
Boy, took it in the shorts on this buy so far.
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