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


To: Money Maker (MM) who wrote (18195)9/24/1998 11:59:00 AM
From: OtherChap  Respond to of 164684
 
Picked up some Oct 110 and Nov 110 puts a few minutes ago, the prices are just too attractive. AMZN seems to have stalled at 110, the volume this morning was around 4 times normal which could only have been caused by massive margin calls/short covering.

I'll go out on a limb here and predict 104 for todays close.

Shouldn't be that hard to hit.

Today is crappy day to _trade_ options though, apparently the CBOE is choking bigtime and confirmations are taking forever on some contracts.. Mine were filled in about 5 minutes, so i'm happy.