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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.10-1.4%3:59 PM EST

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To: umbro who wrote (25713)11/12/1998 5:50:00 PM
From: umbro  Read Replies (1) of 164684
 
AMZN options report for 11/12/98

AMZN price:  131.000
Options Study for: NOV
put break-even: 121.18 OI = 19031 VOL = 3432
call break-even: 133.03 OI = 22108 VOL = 2647
max. pain: 120.00 R = 0.9 R = 1.3
Options Study for: DEC
put break-even: 113.09 OI = 3393 VOL = 839
call break-even: 142.49 OI = 3640 VOL = 395
max. pain: 125.00 R = 0.9 R = 2.1
Options Study for: JAN
put break-even: 104.11 OI = 5118 VOL = 145
call break-even: 146.91 OI = 8676 VOL = 237
max. pain: 100.01 R = 0.6 R = 0.6
Options Study for: APR
put break-even: 98.14 OI = 2535 VOL = 11
call break-even: 157.09 OI = 2614 VOL = 68
max. pain: 125.00 R = 1.0 R = 0.2
net long/short: 0.70 mil.
i.v. for NOV = 0.70
i.v. for DEC = 0.85
i.v. for JAN = 0.89
i.v. for APR = 0.76


Implied vols. stayed steady, increasing a bit in the Dec/Jan options, and dropping in the April options. The strategy mentioned yesterday, off buying a straddle and fading the opening move (dumping the puts), and then going the other way (holding the calls) would've probably netted about $1 on a $13 position.
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