AMZN Earnings Play

Discussion in 'Stocks' started by FAST.AM, Oct 22, 2007.

  1. FAST.AM

    FAST.AM

    AMAT looks like a good trade...
     
    #21     Oct 23, 2007
  2. rickf

    rickf

    Thinking of the CME myself.....part of me wants to get in before earnings, which I suspect will be quite good this quarter, and part of me (the more conservative voice) says wait until afterwards. *shrug* We'll see.

    Also debating a speculative bull call option spread on AMZN going into earnings.
     
    #22     Oct 23, 2007
  3. FAST.AM

    FAST.AM

    yeah i hear u thats what I did with 1000 shares of AAPL last night.. I got a phone call at 4.06 PM from a friend and he convinced me to sell them.. Do I need to say more??
    That was a very very expensive phone call. I wasnt going to carry 1000 shares in earnings but i put aside 300 shares..thats until my phone rang:(
     
    #23     Oct 23, 2007
  4. screw it... I'm in for 50 shares... let's gamble :)... I think my odds are better than the roulette table.
     
    #24     Oct 23, 2007
  5. FAST.AM

    FAST.AM

    wow AMZN broke out to 95.!!!
     
    #25     Oct 23, 2007
  6. OMG should I take my $20.00 profit and buy lunch???!?!?!?!!111
     
    #26     Oct 23, 2007
  7. I made nicely in AAPL today and now have 18 contracts on AMZN, probably should sell some before 4 pm, but probably will not. Its interesting how my option contract is lagging behind the stock more than it was this morning.
     
    #27     Oct 23, 2007
  8. FAST.AM

    FAST.AM

    Lol ... hey that not a bad start.. :cool:
     
    #28     Oct 23, 2007
  9. FAST.AM

    FAST.AM

    Your contracts maybe lagging because not much volatility so far this afternoon.. toward the end of the day this volatility will crank up
     
    #29     Oct 23, 2007
  10. FAST.AM

    FAST.AM

    You made another 20 bucks for lunch. The next 20 bucks lunch is on u...:)
     
    #30     Oct 23, 2007