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


To: IceShark who wrote (15407)8/31/1998 10:22:00 PM
From: Jan Crawley  Respond to of 164684
 
AMZN also has selling pressure due to options. MarketMakers are selling long stock they bought to hedge calls, and shorting stock for deep OTM puts they didn't hedge originally because they didn't think they would ever be in the money.

IS, I just want to say it one time so I feel better. I studied and studied the puts, made calculations, know that it's coming, plenty of capital, placed/canceled pending puts purchases...sold the puts too early after purchasing...

I missed big time; it was so close....