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


To: Jay8088 who wrote (21613)10/15/1998
From: OtherChap  Read Replies (1) | Respond to of 164684
 
>There were actually some lunatics buying that amount of calls? It >boggles my mind. I
>believe we are getting close to the moment of truth.

I agree. If in fact that was a rollover from Octobers to Nov's, then don't forget that this person was willing to hold those octobers up until TODAY.. They saw the time premium being pissed away yet they still waited until two days before expiration to switch. This implies that they expect something catastrophic to happen to Amazon's stock price ANY DAY NOW.