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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: umbro who wrote (21317)10/12/1998 5:44:00 PM
From: M. Frank Greiffenstein  Read Replies (1) of 164684
 
Different options...

Gary, is there any way to determine options bought for speculation vs. options bought for protection?

It seems to me that if you sell covered puts on AMZN, you are being bullish on AMZN prospects, because you believe stock will rocket and option will expire worthless. Could the contrarian implications of a high put/call ratio reflect large increases in covered put writing?

DocStone
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