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Post# of 704047
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Joe Stocks

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Joe Stocks

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Re: mlsoft post# 127813

Tuesday, 07/08/2003 7:21:48 PM

Tuesday, July 08, 2003 7:21:48 PM

Post# of 704047
>>After the report is out, the premium will shrink almost immediately so if the stock holds steady or goes up, you will get hurt in the puts. <<

The stock can even go down a little and you'll still get hurt.

I held my nose and bought some AMZN AUG 40 puts today for a 1.15. Those really did not seem to be priced that bad.

Joe

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