AMZN Earnings Play

honghong · Oct 23, 2007

yea, i have 400 sh of this. i had it for a few months already.. i'm getting really really antsy... but oh well...

Trader7793 · Oct 23, 2007

I am long a bunch of the ZQNKR (Nov 90 calls) and not sure if I should sell now to take profits, or wait til tomorrow after earnings.

FAST.AM · Oct 23, 2007

I bought 20 calls of the Nov 90's .. If these earnings are anything like the last 2 this should be good for a big gain..if they miss we are dead .. Im going to sell half today and take 10 contracts into the earnings

FAST.AM · Oct 23, 2007

remember these are about 1.50 or so away from thier 52 week hight if the pop 96 this is going to run big

S2007S · Oct 23, 2007

AMZN could easily move more than 20 bucks if earnings are strong like the last 2-3 quarters 100+ is simple to cross, could easily run as high as 115-120

FAST.AM · Oct 23, 2007

Yes I Agree...

brettdoyle · Oct 23, 2007

Ugh I don't know what to do with my money... i got about 30k sitting around... and tech seems overpriced right now to buy in.

FAST.AM · Oct 23, 2007

Yeah I hear you... I tomorrow we will say it again - i say buy on any dip

S2007S · Oct 23, 2007

Quote from brettdoyle:

Ugh I don't know what to do with my money... i got about 30k sitting around... and tech seems overpriced right now to buy in.

I usually have the same problem when im sitting on cash, just added 2 new positions today.

SMH and TWM.