In today's Flow Show, Steve Strazza and I discuss what feels like the birth of a new leg higher for this ongoing, but recently struggling bull market.

And while I was lamenting the performance of $AAPL lately, Steve showed me the mirror opposite: $AMZN.

Watch this video to see how we arrived at today's trade, and see the details below: 

Here's the Play:

I like buying an $AMZN June 250/300 Bull Call Spread for an approximately $9.65 net debit. This means I'll buy the June 250 calls and sell an equal amount of the 300 calls. And this debit I pay today represents the most I can lose if I'm dead wrong:

In today’s Daily Digest, we’ll review the following:

1. No new positions today.
2. Rolled TLT position to March options.
3. Exited KRE position.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!

A stock featured in a recent Junior Hall of Famers report has triggered an entry today, and it has a lot of room to run.

Earnings are on the horizon, but we'll play this stock with a defined-risk spread that takes a little of the sting out of the options' cost while giving us the ability to participate in upside follow-through should we get it.