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


To: Bald Man from Mars who wrote (30374)12/17/1998 6:37:00 PM
From: LWolf  Read Replies (1) | Respond to of 164684
 
BMfM... you can lose a lot of $$ with puts too!
unless of course you want to set-up a spread... but what's the fun in that? The shorts in this stock is part of what makes it keep going up.



To: Bald Man from Mars who wrote (30374)12/17/1998 7:00:00 PM
From: James Thai  Read Replies (1) | Respond to of 164684
 
what is the best strategy to play this amazing dude ...
Short or buy puts ???
I really don't want to short this sucker, I might get squeezed
(I don't mind getting squeezed by a real Amazonian babe) ...
But those frigging puts are expensive ...


Best strategy? Buy stock or buy calls. :) Options are expensive but on a good up or down day, it's impossible not to make money (well, if you chose the right direction). I've generally been buying out of the money calls or puts on expiration week, that way the time premium is bearable. (or bullable :)

Jaems.