Friday started out as a pretty quite day in AMZN, as you can see on the 5 min chart. By 12:25PM ET was an interesting play in the AMZN 185c March option. Most of the time they pin and sideways trade until the premium, but stock has a subdued premarket with no intention of letting the retail investor profit from Friday's OpEx. AMZN Bid/ASK at the 12:25PM ET was .11 x .14, which pretty high based on the opening of .01 x .05, you could have lost it all to the sideways trade action that is involved on Friday, if you had full size contracts.
By No Means this is a viable trade every Friday, but a lottoPlay Logic told us that the market was going to flat-line. Chart told us maybe a chance.
