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


To: umbro who wrote (12185)7/31/1998 6:56:00 PM
From: Rob S.  Respond to of 164684
 
Thanks again for the great options reports.



To: umbro who wrote (12185)8/3/1998 5:55:00 PM
From: umbro  Read Replies (2) | Respond to of 164684
 
AMZN options report for 08/03/98
AMZN price: 108.250
Options Study for: AUG
put break-even: 102.67 OI = 16947 VOL = 821
call break-even: 118.20 OI = 16004 VOL = 977
max. pain: 110.05 R = 1.1 R = 0.8
Options Study for: SEP
put break-even: 95.88 OI = 2732 VOL = 29
call break-even: 131.55 OI = 1320 VOL = 216
max. pain: 120.07 R = 2.1 R = 0.1
Options Study for: OCT
put break-even: 91.98 OI = 4562 VOL = 16
call break-even: 125.38 OI = 8325 VOL = 288
max. pain: 81.39 R = 0.5 R = 0.1
Options Study for: JAN
put break-even: 85.03 OI = 3103 VOL = 68
call break-even: 135.74 OI = 3316 VOL = 12
max. pain: 99.92 R = 0.9 R = 5.7
net long/short: 0.16 mil.
i.v. for AUG = 0.83
i.v. for SEP = 0.85
i.v. for OCT = 0.82
i.v. for JAN = 0.89

low options volume today. The big change is the heavy put volume
in Jan. options. Could be longs hedging their position, and
taking advantage of the lower implied vols., or bears rolling
their positions further out in time. There seems to be a continued
consensus that August will be q lower volatility month. Also, for
the first time in a while, the Oct. optins premium dropped off
a bit.

The current implied vols. in Aug. options indicate that there's
aoubt an 85% chance the price closes between 85 and 140.