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

To: umbro who wrote (23811)	10/30/1998 6:00:00 PM
From: umbro	Read Replies (1) \| Respond to of 164684

AMZN options report for 10/30/98 AMZN price: 126.438 Options Study for: NOV put break-even: 110.12 OI = 10661 VOL = 4829 call break-even: 132.03 OI = 19346 VOL = 4977 max. pain: 109.98 R = 0.6 R = 1.0 Options Study for: DEC put break-even: 105.27 OI = 1201 VOL = 289 call break-even: 140.37 OI = 1335 VOL = 264 max. pain: 120.07 R = 0.9 R = 1.1 Options Study for: JAN put break-even: 100.28 OI = 4392 VOL = 260 call break-even: 145.57 OI = 7829 VOL = 418 max. pain: 100.04 R = 0.6 R = 0.6 Options Study for: APR put break-even: 94.29 OI = 1478 VOL = 16 call break-even: 153.55 OI = 1750 VOL = 197 max. pain: 109.98 R = 0.8 R = 0.1 net long/short: 1.25 mil. i.v. for NOV = 0.72 i.v. for DEC = 0.83 i.v. for JAN = 0.88 i.v. for APR = 0.81 Options premiums seem to have stabilized. The Nov. 125 straddle breaks even at about 109.5 on the downside and 140.5 on the upside, with three weeks left until expiration. Given today's failure to take out 130, and the fact that we're post-earnings, it is tempting to try trading a few puts on failed rallies. Tough to figure what big news item will move AMZN further up from here, except possibly rumors of big holiday sales, but it is early for that.