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.buying swing +QZNWB at 1.46 area OVERSIZED AMZN Nov 110 put

Posted: Wed Oct 28, 2009 2:26 pm
by MMASSASSIN
.buying swing +QZNWB at 1.46 area OVERSIZED AMZN Nov 110 puts . this brings up the stake to a 3X oversized puts bearish position on AMZN. the sweetspot for entering was when the stock reached 123s ad the calls were as cheap as 1.35s but I wanted to wait to confirm that strength would not reemerge as it did yesterday. Multiday direction has remained very negative and the sharper retrasement has yet to come trough.