Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: Glenn D. Rudolph who wrote (29889)	12/14/1998 6:55:00 PM
From: Lucky	Read Replies (2) of 164684

I made a big bet on AMZN today at 222.Index funds are forced to buy this week.Combine that with the hedges unwinding their short stock position before this fridays option expiration and I think you might see 280-300 by Monday assuming the market doesn't crash all around us. I have noticed that AMZN has run up towards and even the day after every option expiration date that I can see this year.This is due to put sellers hedging with an AMZN short that they cover as the puts expire worthless. We will see.

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