Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 232.38

+0.1%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jan Crawley who wrote (18229)	9/24/1998 1:43:00 PM
From: craig crawford	Read Replies (2) of 164684

>> Please be careful on writting Oct uncovered calls, don't write too many!! << I wrote covered puts. Technically if I claim my cost basis is 121 5/8 with the puts, I can't say my gains are capped at 100 1/4. That implies I will make 21 points if AMZN goes to 100. I will only make 11 5/8 if AMZN goes to 100 or below. I guess I should have said that my gains were capped at 110, the strike price. Better to say my cost basis isn't 121 5/8, but I will not lose money until AMZN climbs above 121 5/8. Just wanted to correct myself. I think you guys know what I mean.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next