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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: F The who wrote (6317)	6/17/1998 6:50:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Glenn, I like the idea. I continue buying puts, and keep loosing but I shouldn't stop because persistency and consistency will pay off eventually or at least, will recover a little bit. Believe it or not I can't write naked calls, and I should call my broker to let me do that. This is an an alternative but as you said risk is not minimized. I can vouch due to my maintenance calls again. Well, it is a good idea to cover some of your shorts and replacing them with options is a good way to minimize the risk a little bit. I will impliment this if we see another huge up day. I have no idea where this is going to stop. Glenn

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