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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.35+0.3%10:55 AM EST
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To: Rob S. who wrote (33023)1/6/1999 7:13:00 PM
From: Jan Crawley  Read Replies (3) of 164684
 
once again the stock should squeeze out short sellers around options expiration. It's hard to tell if this will be the cap just yet. I think that as

You are right. Unfortunately, I think that too many naked calls written during the Sep/Oct lows and more added in the past months or so plus all the expiring puts. Too many Mo players have been buying calls plus short covering.

Amzn may have a price drop early next week as some callers taking profits; but then puts holders will rush to take a quick profit too, so...
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