Shorts are sad.
They know it. They just don't want to admit it.
penystoc: "AMZN should be down 5 at the open."
If she opens $5 down today, will your puts be at break-even point?
Can you sell them, though?
Don't you see that there are too many people who are gasping for air with their losing short positions (being long AMZN puts) for almost three months?
tpljmpr_50: "The laws of gravity and physics always apply."
In the stock market, 88.38% of the time, DOWN is UP and UP is DOWN.
Yeah, if you bought calls last Thursday instead of the puts you bought, the market and AMZN will dive this Monday.
But you bought puts last Thursday and immediately got into the red, so the market and AMZN won't go down as much as you like.
Good luck anyway.
Let's see what she'll do today.
I'll be just watching.
No intention to participate in the last act of the week today.
Don't believe in any theories out there.
Just watch the price movements.
If you expect something to happen, usually nothing happens, in this game.
Actually, I think I should wait considering to buy calls until she tests her $367.00 region today.
it appears that she's still in the range between $366 and $373.