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  • ling.chen ling.chen Mar 6, 2013 3:06 PM Flag

    Amazon will be closed around $265 again this Friday

    In the last several Friday, Amazon always was closed around $265, which is the maximum pain for all weekly option. I think some of the fund managers know that AMAZON will not go up too much. They just keep playing option game to collect money from selling option.

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    • Ling-chen: "I think some of the fund managers know that AMAZON will not go up too much."

      I thought your original bet was that AMZN would go down a lot from $265. Now that you know you were wrong, you say it won't go up much.

      Have you ever wondered why you always lose, like all other shorts here?

      You keep changing your goals. In other words, you are jellyfish with no discipline.

    • I doubt it sinks that low there burning premium on the the 270 & 275's.... this stock won't move much either way unless all around market pulls back...

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