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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%3:59 PM EST
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To: manalagi who wrote (119569)3/7/2001 12:37:50 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Yes, I sold naked puts on a good company. You get cash which earns money market interest. I am prepared to get an assignement and have the capacity for that. Of course you already know that derivatives are profitable but carry huge risk.

This use to be my investment vehicle of choice. I still use it but I reduced the amount due being caught in the networkers downdraft in 1995. It turned out fine but I had to raise a lot of cash for a while. So now I write few puts is all.
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