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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (4155)7/8/1998 3:07:00 AM
From: gambler   of 4339
 
AMZN puts!!!

But dammit this one is so damn scary. Just keeps going up and up and up. Pulled back nicely today though. If you buy puts, buy them expecting to watch every cent you have invested go bye bye. Also realize someday if you keep buying puts, you will be right and it will fall, but who knows how long that will be?

I believe the downside now is just as great as we have seen the recent upside in the last 2 months.

Play if you dare!!!

If you have any type of heart conditions don't play AMZN puts, also stay away from Viagra while you are at it.

Gambler
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