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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Jan Crawley who wrote (26357)	11/17/1998 12:01:00 PM
From: Robert Rose	Read Replies (1) of 164684

<Cover this morning's short shares and take a small profit; do not keep more than 1K short shares. Write 5 Dec 125 puts and you can get $10 1/4 premium, and just leave 500 un-hedged short shares for now. I am placing a pending order to buy 5 Nov 130 puts for $1 1/4. If we have rate cut this afternoon, Amzn may run to 140 fast then fall. > Jan, you seem to be really getting good at this stuff! (sincere complement). As you know, I don't do much trading or options, so I can't really comment on the content of this post, per se. However, I certainly respect you, and I hope that you are profiting from your expertise as much as it sounds like you should be doing. Thanks for your ongoing contributions to this thread :).

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