Option Millionaires

[shreya]

Hi Retd MM, u r not the only one confused. I had briefly seen the AMZN ER's on 26th evening and since the forecast was poor, had thought of buying puts right at the mkt open on friday morning. But I didn't pull the trigger on the puts since the stock was up.

I will never understand as to what pulled the stock up (unless the Wall St magicians decided to keep it in the air, instead of pummeling it down).

BTW, i was so much confused by AMZN's ascent that totally missed PCLN. PCLN was still below 660 when I saw it and just let it go. Who in the world could imagine that PCLN will close above 680!!! Amazing...
Stock mkt is a weird place...PCLN and AMZN proved it this friday.