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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (5806)6/12/1998 2:35:00 PM
From: F The  Read Replies (3) | Respond to of 164684
 
Hi Jan,

>>Just thoughts from the top of my head; would you consider writing puts for some long shares/premium? Take your time, slowly and a little at a time...<<

I think it is not worth the premium for AMZN especially with the long exdate. Once the manipulators stop manipulating, it would tank and you don't want to own AMZN for whatever the strike price. I would write a $20 puts but there is no buyers and no premiums right now and it probably will in the future.

If you like to write naked put, write Dell Jan 65 for $5 1/2 or Nov 55 for $2 right now. I have them.

Well, I am quite new in the stock market. Your opinion is probably better than mine. Good Luck!

Felicia






To: Jan Crawley who wrote (5806)6/12/1998 6:01:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Just thoughts from the top of my head; would you consider writing puts for some long
shares/premium? Take your time, slowly and a little at a time...

Jan,

My fear is the fall will be very swift. I uncovered my long against the box at a loss. Decided to take my chances the top has been reached. I do not like this stock:-)

Glenn


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