"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...
The Aug 40 puts (ZQN.TH)??? You must mean the 35's (ZQN.TG), which got down to $1.10 in the rally. AMZN remains an enigma to me, and although it is a short based on valuation and fundamentals, I will wait until the market or AMZN itself breaks down to do so.