Adding a Bullish Put Spread in Amazon

I am adding a defined risk bullish trade in Amazon in anticipation of its upcoming earnings release. The stock has pulled back some in recent days so I am playing for a bounce. The maximum loss is limited to the width of the strike minus the credit received ($495 per vertical put spread). Volatility is elevated so there may be some opportunity for position adjustment if the trade does not go my way early on. The maximum possible profit is $505 per vertical put spread, but I will be looking to take it off for a $200 plus profit. I calculate Returns in 10 lots so the profit/loss will be calculated for 10 vertical put spreads.

Sold AMZN Aug 28 -2900P+2890P for a credit of $5.05

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