Wednesday, April 21, 2010

Amazon Play for Earnings

Amazon reports earnings tomorrow. I am find of AMZN earnings because once I had a 10X return on its straddles. If there are major surprises the stock can move wildly.

Here are some for tomorrow. Moves required are around 10%. Amazon is so expensive, this seems only possible if there is a major disappointment. Kindle sales could be awful, but can their product sales do well?

Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.

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