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


To: zax who wrote (14142)8/20/1998 10:02:00 AM
From: Steve Lachance  Read Replies (1) | Respond to of 164684
 
Need some advice! Shorted AMNZ at 120 and want to protect myself somewhat. Is it better to sell the Sept 120put or buy the call. I'm having trouble understanding the sale of a Put. Thanks.



To: zax who wrote (14142)8/20/1998 10:06:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Hi Zax,

But don't short more if you already have exposure! May be you would like to box 100 shares next week when/if Amzn swings to 110 or so and start trading while waiting.

You short @143, that would be a sweet box.



To: zax who wrote (14142)8/20/1998 10:08:00 AM
From: e. boolean  Respond to of 164684
 
Man, just when Jeff Mills had started the stock tanking with his "Why Amazon will fly today" post, you guys come in with your reckless bearish statements to support it.

Hmmph.

e.b.

*<|:o)