<p>so I gather from the comments here, that nobody has any neat ways of playing amzn?</p>
<p>Some of the options closed a little out of line compared to other options. Are the option markets usually this wide in amzn? I don’t think I have looked at amzn options for 9 months or so.</p>
<p>I might sell an out of the money call spread.</p>
<p>I need to see where the options are tomorrow. </p>
<p>Some of the out of the money calls are going to decline in price tomorrrow.</p>
<p>[Finally</a> - Reality Is About To Hit Amazon Shareholders - Seeking Alpha](<a href=“Finally - Reality Is About To Hit Amazon Shareholders (NASDAQ:AMZN) | Seeking Alpha”>Finally - Reality Is About To Hit Amazon Shareholders (NASDAQ:AMZN) | Seeking Alpha)</p>
<p>Good link, doct.</p>
<p>And that is why I am not selling puts…</p>
<p>The revenue growth is declining… Wth with the stock price?</p>
<p>Long puts and short call spreads to cover the premium is going to be the winning trade…eventually…</p>
<p>I guess I can make a bullish case for amzn.</p>
<p>60 billion in revenue. Grows 20 percent a year. 5 percent margins. </p>
<p>In 7 years the company has revenues of 240 billion. Operating cash flow of 12 billion.</p>
<p>Stock trades at 1 times revenue or 20 times operating cash flow. </p>
<p>Stock trades for over $500 a share.</p>
<p>I had offers in amzn calls, but the volatility was crushed and I got nothing off.</p>
<p>I had such big plans. :)</p>
<p>I can’t help myself - I’m drawn to aapl like a moth to light. Any good option strategies?</p>
<p>Just bought: FB 2/1 31 -32 call spread for .50 and the 3/16 aapl 460 - 480 call spread for 7.9. I did these for a little gambling. I tried to find one of those condor trades for aapl but couldn’t find a call spread to sell that I felt comfortable with.</p>
<p>I am going to wait until tomorrow or Friday on aapl.</p>
<p>I am not comfortable with any aapl condors yet either. </p>
<p>Fb is gamblng…</p>
<p>Yes it is a gamble that’s why I only bought 5 contracts for $266.</p>
<p>Gambling is ok…</p>
<p>You should know the outcome very soon. :)</p>
<p>Even my aapl position is only 2 contracts so my maximum loss = $1592. I may make a buck or two on this one however - I don’t think its as much of a gamble as the small fb trade.</p>
<p>Yeah…you have a lot more time with aapl…</p>
<p>Fb is ok…it is not a potentially big loss…you can afford it. </p>
<p>I sold another 10 spy 143 puts that expire in 10 days for .10. </p>
<p>I am not going to get rich doing that.</p>
<p>I just sold 100 of the 2/16 rimm 12 puts for .20.</p>
<p>The news is out. </p>
<p>So my bet is the stock holds above 12 for the next 2+ weeks.</p>
<p>Interesting points: [Markets</a> Soar But the Retail Investor Is Not Back (Yet) | Daily Ticker - Yahoo! Finance](<a href=“http://finance.yahoo.com/blogs/daily-ticker/markets-soar-retail-investor-not-back-yet-144819846.html]Markets”>Markets Soar But the Retail Investor Is Not Back (Yet))</p>
<p>Fed’s bias seems to be towards accommodation. </p>
<p>“Inflation has been running somewhat below the Committee’s longer-run objective, apart from temporary variations that largely reflect fluctuations in energy prices.”</p>
<p>" If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of Treasury and agency mortgage-backed securities, and employ its other policy tools as appropriate,"</p>
<p>There goes my $266 in Fb for today but my position in qcom has me very happy.</p>
<p>Qcom…very nice, doct.</p>
<p>Thanks to the cnbc fast money crew who talk up qualcomm all the time.</p>