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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST
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To: Mandinga who wrote (3052)4/15/1998 4:53:00 PM
From: KFE  Read Replies (1) of 164684
 
a safer way to play this stock is by use of option spreads. did bearish call spread today-sold may95 calls and bought may 100 calls for a credit of 2.5 . breakeven of 97.5 and maximum gain or loss of of 2.5 . much less dangerous than shorting the stock,if you can.
those bullish on stock should look at out of the money Put credit spreads.
very little equity needed vs. shorting or buying the stock. use the high premiums to your advantage.
Ken
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