AMZN

Amazon really looks good for tomorrow. The front month is at a 42 vol while Oct is about a 35. My target vol implosion is 28 for Aug and 30 for Sep. I'll have to run a lot more tests, but right now an ideal position would be to sell 1 Aug atm straddle, buy two Sep 35/37 strangles and sell 1 Aug 32/42 strangles. There is nice profit between 35 and 40, but never goes negative at extremes beyond those points.