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  • Kevin M. O'Brien
    AMZN options were priced like PCLN last quarter... too expensive. I feel for those who used a weekly straddle
    1/31/12
    Reply (9)
    • badmf: I hit a RIC which looks like it will reach max profit - still expensive though. Did you go with a March straddle instead?
      1/31/12
    • Kevin M. O'Brien: I didn't trade AMZN, I didn't like the cost to place the trade at all.
      1/31/12
    • ms0987654321: Kevin, what's your take on CMG? Is weekly RIC a good deal?
      1/31/12
    • Richard Bloch: I bought a monthly strangle Mon am, then sold a wider weekly strangle Monday pm. Out at 3pm today with a nice profit. Thanks volatility!
      1/31/12
    • Kevin M. O'Brien: CMG usually comes through for me on earnings, may do a strangle with March expiration and a weekly RIC
      1/31/12
    • ms0987654321: I burnt my hands in AMZN today. Bad trade. Would you be posting an article on CMG & GMCR for tomorrows earnings? Makeup loss of AMZN :)
      1/31/12
    • Kevin M. O'Brien: That was the right trade, to sell the strangle.
      1/31/12
    • danwslee: I bought 180put/205call weekly strangle early morning on AMZN. This thing had overall 6% gain by market closure. Shall see in morning.
      1/31/12
    • Kevin M. O'Brien: e-mail me for CMG trade
      2/1/12