Amazon (AMZN) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss the ecommerce giant’s commercial agreement with GrubHub. Jenny breaks down the details of the agreement which includes delivery fees waived for one year for prime members. The deal will be with select restaurants in 4000+ cities. Alex and Jenny discuss how the agreement is having ripple effects across DoorDash (DASH) and Uber (UBER). Finally, Alex demonstrates an example Sell Put Vertical trade using Amazon (AMZN) which was trading ~ $114.25/share on Wednesday.
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