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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: WTMHouston who wrote (173)	6/25/1998 7:31:00 AM
From: dealmakr	Read Replies (2) \| Respond to of 2317

Troy, I like your play for the return potential. The volitility of AMZN at this time is just amazing. Bot the July 90 puts yesterday for a short term trade. The only thing is that this stock is under a tremendous short squeeze. When that is going to let up is unknown. The reaction to either side of your play could be that 20 points that you are looking to capture or more. With the trading range swinging 10 points a day it will take a while for time decay to begin in earnest. Its a fat return if you guess right, but the volitility can run over you quickly to either side. Just my thoughts. Dave