With earnings as the primary focus this week, Amazon (AMZN) sits at the intersection of both enterprise and consumer spending.
Additionally, after hosting its biggest Prime day in July and October, spending and retail sales continue to show a resilient consumer.
As the outlook for consumer spending looks more uncertain, that is the primary risk I see going into this earnings report.
My view is that we should utilize options to take a bullish view going into this earnings report, thus mitigating those risks.
BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
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