Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (14418)	8/15/2008 5:00:35 PM
From: Peter V	Read Replies (2) of 19257

friggin volatility premium evaporating from the AMZN puts. I bought Sept 75 puts for 1.48 on Tuesday when AMZN was about the same level it closed at today, yet the options closed at 1.07 x 1.08. Lost 40 cents in three days, with no real change in the stock price, on puts that are still a month out. Why do I trade options?

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