I'm not all about the bashing, cursing, or lying. I'm new here and just got short with some January 250 puts yesterday based on the technicals. I think it is topped here but will be stopped out if it gets much over 255.55 again. So the risk/reward looks good to me to go short with options. Can an informative long please give me the counter case for the 3000+ P/E or any other good case for taking an opposite position from me? We're all in this to make money so anything of substance is much appreciated. Thank you!
Yeah I can see that and I do use them to find the lowest price on something often. I just don't see the profit margin to be enough to justify the price here. Long term it might be awesome. I just don't see the price rising anymore from here over the next year or so from a technical standpoint. Bezos selling 200 mil worth of stock here whether automatic or not gives me an uneasy feeling as well.