Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 239.06

+0.4%

Jan 16 3:59 PM EST

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To: Tenpole who wrote (10688)	7/17/1998 11:50:00 AM
From: Jan Crawley	Read Replies (1) of 164684

Check the options activities: As of now, Jul 110 calls is around 1,000 contracts; Premiums went up around $3. 500 contracts for July 115's call. Lots of call speculations.. July puts are being closed. But not as active as the calls. However, there is very very little August options activities... I am realizing that MO options speculations on a daily basis serves as a main driver for Amzn's movements. I am one of them. Of course, options writers(the MMs) are doing the best they can for profit maximization. Very low volume, I am tempted to purchase 2 Jul 120 puts, they are in the $2 or $3 range.

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