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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (7023)4/15/1998 11:17:00 AM
From: hal jordan  Read Replies (2) of 18691
 
>Do you have AMZN Oct 60 put at this time ???<

Yup...and I'd love to buy $100 puts, only they cost too much. The only bad news here would be AMZN doing a 4 or 5 to 1 split. That would probably shoot the stock up another 20 points and my put would be priced in the neighborhood of $15 a share. From the standpoint of market psychology, I want AMZN at $120 when the big doom hits. Not falling from a split level of $25 a share.

Hal
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