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Scamazon should run out of gas this Friday. Just SSH 1K lot @ 237.65. All of my Scamazon SSH trades in 2012 were profitable (got out at 207 AH on day of earning report).
Will continue to reload @ 255 and 265. I see sub 230 by mid Dec. Also bailed out of GPRN today...~2.9 to 4.1. Don't need to be greedy in this game.
Do you think it will take that long to get into below 230?. I will be done by than :-(
I don't think Scamazon will go below 230 this week or next.
But do you strongly think it will go below Sun 230 by Mid Dec
My only worry is that at @1390 S&P AMZN is $239, if market starts pumping again where will it go?
Also by Mid Dec my Puts at $230 would be at 5-5.25, due to decay than i would need $225 to break even.
The only hope is Fiscal cliff talks fear an particulary AMZN realted bad news.
I am in deep pain, i shorted very early and went full on. Seriously what probability you think it will go below 230 by Mid Dec?
Sentiment: Strong Sell
There is no guarantee with this scam. That's why I only short. Avoid option. I'd say 70% chance that Scamazon will be below 230 by mid DEC.