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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 224.70

-3.5%

1:10 PM EST

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To: Oeconomicus who wrote (1628)	2/20/1998 5:28:00 AM
From: Mr Logic	Read Replies (1) of 164684

>>Write the 60 calls on the open and then let them get called away Question: If you can't borrow the shares to deliver against the calls, wouldn't that result in a forced cover? << I'll have to talk this through with the broker, I've not tried this trick before. The objective is to get shares to short. OK, maybe buy AMZN (ugh!), write covered calls against those, have them called away. If they go into a margin account, I can immediately borrow them back and short them. Hmmm... Failing that, let's have a 5 point run up to shake a few shorts out! P.

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