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Strategies & Market Trends : Crash and Burn 2001

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To: mishedlo who wrote (84)7/25/2001 4:32:11 PM
From: Dale Baker  Read Replies (1) of 207
 
Update on AMZN Jan 7.5 puts - bought at .85 now 1.15 on the bid. If/when AMZN tumbles to single digits in the near future (it didn't rally with the Naz at all today) I would expect the puts to move up near $2 range for a double.

I see the Aug 17.5 puts had a nice return since then too - did you get some in the end?
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