How Delta Derivatives Strategist Biggam Is Trading Amazon

Tim Biggam discusses the impact of Fed Chair Jay Powell's comments on the market, highlighting a potential pause in rate hikes. He expresses a preference for internet stocks over financials, noting a seasonal bullish trend. Biggam analyzes Amazon's stock, suggesting a trading strategy based on recent price action and market conditions.

What was the market's reaction to Fed Chair Jay Powell's comments?

• A decline in Internet stocks

• A significant drop in stock prices

• A Fed-induced rally

• A steady market with no change

Which type of stocks does Tim Biggam prefer over the general market?

• Healthcare stocks

• Internet stocks

• Energy stocks

• Financial stocks

What is the expected target for the Fed funds rate mentioned in the discussion?

• 4%

• 3%

• 2%

• 1%

What is the significance of the last three days and the first three days of the following month in the market?

• They are known for high volatility

• They are typically bearish

• They are typically bullish

• They have no significant impact

What is the strategy discussed for trading Amazon stocks?

• Investing in Amazon bonds

• Short selling

• Buying at the money calls and selling higher calls

• Buying and holding for the long term