Reference no: EM133205049

Based on Amazons current market conditions, pick an option strategy designed to leverage portfolio return with an acceptable level of risk (down-side).

Your strategy may be for upside return or downside protection, depending on your assessment of current market.

Using the NASDAQ options pricing site, select one short-term option for your equity based on your strategy. 

In your post, include the following:

1. The stock selected and why?
2. Are you seeking to leverage return or add down-side protection?
3. What option strategy did you select and why?
4. Illustrate, based on the current price of the equity, the option price, strike price, and expiration date, the impact on return if you
   1. exercise the option
   2. let the option expire