Amazon.com, AMZN new weekly trade Oct/01/2012

Trade update (Oct/08/2012):

Closed half at $1.2
Closed half at $0.40
Total: 33% profit
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Just want AMZN to drop in the blue zone shown in the next 4 days. The momentum can bring it down in our target area and we can easily sell this one for a double or more. If this doesn't work in the next 1-2 days one can get out for 50% loss.

Trade:
Buy 1X $250 weekly put
Sell 2X $245 weekly put 
Buy 1X $240 weekly put
(paid 60c)

*Please do your own research before buying any stock listed here. Disclaimer.
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