SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (6661)6/18/1998 8:06:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Have 3 Jun 47 1/2 and 2 Jun 50 uncovered calls to close tomorrow.

Also 4 Jul 50(2 before split), 2 Jul 60 and 1 Oct 70 uncovered calls. Tuesday and
yesterday, the stress suddenly became so real. Unlike Asnd; I was not sure what I was up
against! I could see "bottom" but where is the "top"?


Jan,

I closed 10 June 47 1/2 naked calls and 10 July 50 naked calls a few days ago. The bleeding was getting to be too great. It now appears it would have been better to wait. Could not tell that then.

Be patient, Glenn and others, one bite at a time, we will all get our money back, if not
more.


Yes; less aggressive is in order.

Glenn