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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%3:59 PM EST
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To: the Druid who wrote (1505)2/10/1998 5:46:00 PM
From: Don Westermeyer   of 164684
 
Druid,

I doubt it will go through $70 without hitting some analyst's target and taking profits.

I see more option calls written than puts at every strike every month.

Also the premium seems somewhat low if the market was expecting a big run on the price.

This seems bearish, but I'll admit I don't know what will happen when the covered shares are called.

Any option experts read anything into this?

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