Amazon.com, Inc. (AMZN) Message Board

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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: majormember who wrote (16549)	9/9/1998 6:19:00 PM
From: OtherChap	Read Replies (2) of 164684

>I was hoping for 60. I'd love 60, especially if it crashed to that level tomorrow. Remember, the Oct 60 puts are CURRENTLY trading for 4 bucks. That means there is a *TWENTY EIGHT DOLLAR* premium right now, since the stock is trading at 84. I'm almost completely in Oct 60 puts, I have a few in-the-money Sep's just for fun. But if Amazon were to hit 60 tomorrow, my puts would probably be worth around 20 bucks each, which means my net worth would have just gone up 500 percent. I think I would have to go out and get very very drunk. Payback's a bitch!!! :) EAT THIS VINIK!

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