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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (14418)8/15/2008 5:00:35 PM
From: Peter V  Read Replies (2) | Respond to of 19257
 
friggin volatility premium evaporating from the AMZN puts. I bought Sept 75 puts for 1.48 on Tuesday when AMZN was about the same level it closed at today, yet the options closed at 1.07 x 1.08. Lost 40 cents in three days, with no real change in the stock price, on puts that are still a month out.

Why do I trade options?