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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Al Chechatka who wrote (16852)1/10/1999 11:59:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
Al, the leap puts on AMZN sound like a good play, certainly safer than shorting!



To: Al Chechatka who wrote (16852)1/11/1999 12:01:00 AM
From: put2rich  Read Replies (1) | Respond to of 18691
 
Al,
How can you make money when <<I bought them at 83 when the stock was at 230>> unless AMZN breaks down well before expiration to 20 bucks for example?
If you buy some puts now what is the strike price and how far? Can I buy puts when AMZN climb fast to the top, then sell for gain when it dips...and repeat?
Thanks


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