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AMZN 223.63+0.5%12:20 PM EST

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To: Glenn D. Rudolph who wrote (21027)10/10/1998 11:12:00 AM
From: Jan Crawley  Read Replies (1) of 164684
 
Glenn and others,

You wrote 12 Oct 115 call for $8 plus premium? that was a smart move and you will pocket the premium for sure.

I think that instead of buying shares to cover your "box" next week, writing Oct 85 or Oct 90 puts for "1/2 your box" may maximize your near term $$$. Place pending orders and asking "high" premiums.

I wrote one Oct 70 put contract with $9 premium about a month ago.
Wrote another Oct 80 put contract with $7 on Thursday.

Your thoughts?

Jan
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