but not good enough to justify $40 share price.I'll be holding my Jan 2008 puts (50 / 55 strike) a while longer.
One wouldn't think so. Looks like nervous shorts covering in afterhours. If Jordan Rohan-RBC said AMZN missed the big boys will take it down tomorrow.
just curious but why would you buy such expensive puts?? whats the purpose instead of buying at the money puts.???
To reduce the premium he paid.