stocktradingcryellow: "I am not a "long term" shorter - I rarely hold a short overnight."
98+% of shorts here short AMZN, "feeling" her collapse in a few days/weeks imminent. After they get trapped in their shorts, they turn into "long term" shorts and hang onto their losing short positions either until the loss becomes too overwhelming or their brokers pull the plug.
. . . again.
4:23 a.m. ET
Shorts here must have added their losing short positions in the last couple of days.
Their positions got worse.
I play mostly Weeklys.
I have no idea where this stock will be 4 days later.
Purely super short-term play.
Having said that, I think AMZN and the whole market will go up significantly tomorrow.
There will be no last-minute sell off today.
You'd better cover now if you don't want to cover above $502.00 tomorrow or the day after tomorrow.
Shorts here have no chance.