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


To: craig crawford who wrote (7577)6/25/1998 12:42:00 PM
From: Mandinga  Respond to of 164684
 
Craig,
I think you're right.
<100...



To: craig crawford who wrote (7577)6/25/1998 1:33:00 PM
From: UFGator93  Read Replies (1) | Respond to of 164684
 
It's looking like you are correct. I'm short, so I hope so.

Now asking 99 1/2.



To: craig crawford who wrote (7577)6/25/1998 3:47:00 PM
From: tonyt  Read Replies (1) | Respond to of 164684
 
>I think AMZN closes in the red today below 100.

Looks like you may be right. AMZN heading south w/15min to go.

EDIT: Back > $100!



To: craig crawford who wrote (7577)6/25/1998 10:16:00 PM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
heya craig. fancy meeting up with you here. I trust you're bearish on AMZN, like me. Today was definitely distribution day. 9 million shares traded, and closed down.

You know what says something? Yesterday I put in an order before the open to buy AMZN July 85 puts. I wasn't watching the market when the order filled, but it filled at 9:43 AM. I think AMZN was somewhere near 95, according to the chart I saw, or 3 points up already on the morning surge. Price paid: 4-5/8. Bid at end of day today is 5, ask 5-1/2, with AMZN at 99 and change.

So....demand is going up for puts. really weird though. Stock is 4 points higher, and it's two full days later, and those puts are bid 5, ask 5-1/2, almost a full point higher. I'm not looking at "last trade" either. CBOE and Schwab both say the same bid and ask.