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

To: phbolton who wrote (10190)7/13/1998 2:09:00 PM
From: umbro  Read Replies (1) | Respond to of 164684
 
This is good for the holders of puts:

FWIW: Discover no longer has any AMZN to short.

because it keeps premiums higher. Generally, the more difficult
it is for the MM's to offset risk (difficulty in shorting,
or wide bid/awks), the more expensive the options.

(about 10 mins. ago, a big buy took AMZN from 94 5/8 to 97 3/4,
but it seems to have pulled back to 96 1/8 now. AMZN is being
predictably volatile.)


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