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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%Dec 9 3:59 PM EST
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To: H James Morris who wrote (19763)10/2/1998 9:45:00 PM
From: OtherChap  Read Replies (2) of 164684
 
>Until the Oct/Nov puts are sucked, he's still active.

There's nothing Count Dracula can do about the November puts, because they expire several weeks after Amazon reports their earnings. I agree that the October puts are very likely dead money, which is why I don't hold any.. If you MUST gamble with the Octobers, only buy deep in the money puts.. The premium doesn't matter much as long as you only hold for a day or so- and happen to pick them on a day it doesnt jump up 16 points. :)
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