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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-4.4%3:59 PM EST

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To: Oeconomicus who wrote (1628)2/21/1998 10:30:00 PM
From: Brad Davies  Read Replies (1) of 164684
 
I've sold calls naked on a few stocks and the broker has never had a problem with establishing a short position if the call expires in the money and is "assigned" against me. I have also noticed that stocks with options written against them tend to fall on the Monday following options expiry (surely the MM's aren't playing games). This has resulted in positive results from having become short as a result of option expiry. The premiums on AMZN make it a very attractive stock, in my view, for selling calls.
Ron
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