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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Bill Harmond who wrote (35466)1/19/1999 8:34:00 PM
From: Jan Crawley  Read Replies (1) of 164684
 
Rule #1 is NEVER fight the financial stocks

How do you apply it currently? I am watching WFC and have pending orders to write puts to accumulate up to 1K shares.

I wrote 10 Intc Feb 130 puts last week and got $6 premium; have pending order to sell 1K Intc at $145 and pending to write 10 Feb $145 calls(covered) for $9 premium. With Msft' nice earnings, what's your short-term outlook? I am selling some Intc shares to diversify the portfolio. Thanks!!
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