Holding fast to a very bullish, 327.15 rally target when Amazon dipped below $300 recently, we told subscribers to buy eight October 330-335 call spreads for 0.26. The spread tripled in price with yesterday’s blitzkrieg rally, and so I am now recommending that you offer half of the spreads for 0.80, good-till-canceled. If successful, you’ll have a shot at a $2100 and no possibility of a loss. In fact, even if the stock were then to fall by $100, the position would show a net gain of $216 before commissions. Because of the power with which AMZN blew past the midpoint Hidden Pivot yesterday, I expect the stock to easily conquer July’s all-time high at $313 and reach the target, at least, before October expiration. ______ UPDATE (1:31 p.m. EDT):  Numerous fills at 0.80 have been reported in the chat room, so I’ll record a $216 paper profit. It will effectively let us carry the four spreads that remain for a $112 credit. Do nothing further for now. _______ UPDATE (September 24, 9:04 p.m. EDT):  The spread traded as high 0.90 yesterday, but we’ll be just a little greedy and let it run, since our original price target is still well above these levels. ______ UPDATE (October 1, 9:29 p.m. EDT):  The 327.15 target given above is still valid, but a lesser, ‘extension’ pattern (see inset, a new chart) could get us to 334.13.  I’m not about to risk our gains thus far on the higher number, and so I’ll suggest offering two of the spreads to close for 2.00, good till canceled.  The spread was quoted on the bell yesterday at 1.01/1.34, so it’ll take a strong, sustained push to get us filled.  With a delta value of 0.09, the spread should be expected to increase in value by about a dime for each $1 of additional upside in the underlying stock.  Notice that yesterday’s high fell just an inch shy of a 321.48 midpoint resistance. If AMZN blows past it today — or better yet, gaps through it on the opening bar, it will shorten our odds for a satisfying payday. ________ UPDATE (October 8, 1:06 a.m.):  With October expiration fast approaching, yesterday’s nasty selloff very likely killed our spread. We’ll book a nominal gain of $1.12, but let’s forget about it and move on. _______ UPDATE (October 18, 1:45 p.m. EDT):  This morning’s short-squeeze rally has brought our October 330-335 call spreads back from the dead.  We hold four from an original position of eight, and I’m now suggesting that you close out two of them for around 1.50, saving two for the close of today’s session. The current bid/offer is around 1.40/1.55. If successful, you’ll have a $400 gain plus whatever the remaining two spreads fetch between now and the bell.