I liked the $440 puts because they had the highest volume of all of todays put options at the moment I bought them.
I hope you make money too but $435 or lower today would be surprising.
If you're right I might hold mine until the last 15 minutes.
Should be a WILD RIDE in the last 15 minutes with over 100,000 options being exercised in both directions. I guess I'll buy them back for 5 cents after selling them for two dollars (just in case).
AMZN has been trading on hype expectation for next quarters for more than 10 years: it never deliver solid earnings and dividend for a penny.
While other stocks, like SYNA, have solid EPS , are traded for rediculous low P/E.
Hard to understand for any sane mind!
I just bought todays $440 puts for .18 cents.
Although they expire in less than two hours I'll try to sell them for at least $2.00 in the last half hour.
Should be easy.
Enjoy the weekend!
racketeering...collusion...fraud are things that come to mind looking at this hoax
Sleep well, amazon's p/e is only 1178 based on today's low ... I own an nice slice but do find this p/e a bit of a worry... 1999?