Amazon Triangle

Image Source: UnsplashIt’s a pretty dull day so far. We’re well more than an hour into the session, and all the main equity futures are green, ranging from just 0.13% on the /ES to a full 1% on the /RTY. I am maintaining a high cash level of over 40%. I did, however, purchase some January $190 puts on AMZN, with the dashed red line as my stop:More By This Author:Beautiful Gap FillAckman Was RightTriple-Leveraged Victory Lap