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


To: Skeeter Bug who wrote (19885)10/4/1998 12:13:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164687
 
Hi Bug,

From memory only, but I am pretty sure it's very close:

Cramer "announced" his Amzn puts purchase in late August when Amzn was trading around $120. We guessed that he was purching Sept. 115 puts. Amzn dropped to as low as $65 with 7 or 8 days. But Cramer reportedly covered his puts early, with small profit.