If you missed the 3 opportunities to trade AMZN pre-earnings that has had some incredible results then you don't want to miss out on the next opportunity post earnings. Our community is killing it with these pre-earnings trades and if you want to see for yourself, then JOIN NOW! Sale ends April 30, 2018.
Just look at the result from one of the traders. The beauty of the community, he shares his ideas. He's up $40k since January 1 doing earnings plays only.
Before we get into the post earnings play let's take a look back at the results from some AMNZ trades that were done pre-earnings over the last year. Results don't lie.
Looking at the chart above we have several bits of information for us to be able to use. The chart has information from the past 2 years. The candle that is highlighted is the day we entered on this particular trade that have returns of over 768% over the last four earnings. What does the data from the chart tell us?
Without drawing Fibonacci retracement or extensions or thinking I have some sort of proprietary post-earnings strategy that is a big trade secret, I'm simply going to look at empirical evidence on how this trade has worked successfully 8 out of the last 8 times. 50% return on investment when you combine all 8 trade totals.
This chart shows the past 2 years of data. You can see that the average 30 day move post earnings went up 6 times and down 3 times. The average move up is 10% or $148 and the average of the 3 moves down were 4.5% or $66. If we look at the current price of AMZN ($1464) and what a 20 delta is ($1330), the average move down keeps us well within our range.