AMZN is forming a base formation after recent sell off from a peak.

On 8th Aug 2019, I decided to open a new bullish position on AMZN. I sold one contract of AMZN 6lth Sep 2019 1700 Put @ $22.00 premium per share.

Investment: $1,700 x 100 = $170,000
Premium Received: $22 x 100 = $2,200
Trade Duration: 29 days
Return On Investment: $2,200 ÷ $170,000 = 1.29% (in 29 days)
Annualized ROI: 1.29% ÷ 29 x 365 = 16.23%
BEP: $1,700 – $22 = $1,678