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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST
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To: Tradegod who wrote (6517)6/18/1998 9:23:00 AM
From: RFF  Read Replies (1) of 164684
 
98% of the outstanding options will be sold to close positions and everyone will just pocket their gains. Those who sold calls - most likely covered calls - will sell their stock in order to cover the losses on the calls they sold instead of coming up with $100,000 out of their own pocket.
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