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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%Nov 28 12:59 PM EST

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To: Danny who wrote (108477)9/15/2000 7:35:14 PM
From: Jimbo  Read Replies (1) of 164684
 
Danny - I am not quite sure that I share your view on writing ccs on equities you own - I have been very successful doing so - especially this latest sell off. The point (and it takes time and analysis) is to pick your points to sell (& ultimately buy back the call). When the market rolls over (like it always does in Sept-Oct) write DIM ccs as your equity drops you are getting1 for 1 as it goes down - then buy back. It does take some work and nerves though.
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