Our AMZN spread expires today…it is just out of the money, but close enough to warrant closing out. Will be for a gain, just not a full gain.
TRADE IDEA
Sell AMZN April 905 calls
Buy AMZN April 900 calls
For a 40 cent net debit
These expire 4/21/17
Make sure the position is closed out by end of day to avoid assignment risk