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Strategies & Market Trends : Action & Options- Taxikid plays
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To: taxikid who wrote (3670)2/4/1998 12:29:00 PM
From: Allan F  Read Replies (1) of 4339
 
And AMZN would have had to go up past $65 to begin loosing money on the whole deal?

I suppose ideal is it drops after your puts have expired, but before you cover the short.

Methinks there is good money selling covered puts on high flyers. No?

Getting back to the subject at hand, how do you determine an oppurtunity, ie EGGS. What criteria do you use to decide to short it instead of say, ZONA? What about WDRY made you want to short it when at first you (I believe) you said it wasn't a good short?

Thanks,
-Allan

PS: If you dont want to get into all your details...no problem.
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