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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Candle stick who wrote (2844)4/7/1998 10:21:00 AM
From: hal jordan  Respond to of 164684
 
Just picked up some Oct 60 puts. I expect AMZN to be a full 10 to 20 points lower than 60 come October. Mayber earlier.

Hal



To: Candle stick who wrote (2844)4/7/1998 10:28:00 AM
From: saber hormi  Read Replies (2) | Respond to of 164684
 
I agree (and I wish you're right) on that however if it holds there for a while I'm just worried some shorts will get nervous and scramble to cover and that could take it back up where it was quickly. If it finishes the day any higher than 85, I'm covering 'cause I'm sick of this stock.