Close: AMZN Put Diagonal -25%

I was in an out of this so fast that I didn't have time to post my open trade on the blog.

My AMZN stoploss fired maybe an hour or two after I got in on the trade.

In:
BOT +1 DIAGONAL AMZN 100 APR 08/FEB 08 80/60 PUT @12.02, AMZN MARK 69.26

Out:
SOLD -1 DIAGONAL AMZN 100 APR 08/FEB 08 80/60 PUT @9.58, AMZN MARK 74.77

That’s a loss of 25% in 2.25 hours! Sweet baby Jesus!

MdrNate

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