Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Herring who wrote (19350)	10/1/1998 12:27:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Well thanks! I am a very small fish. These Oct AMZN puts is really the first real risky trade I have done so if I loose I will sure learn from it. If I do not loose I am afraid I won't learn so hey - I really can't loose. Herring, The size of the position does not really matter. The learning does. My only real worry is much better than expected Yahoo earnings and the whole sector flies upwards, just in time for Oct expirations. This has merit and I have thought about salvaging what little premium I have left in my Otobers and using more cash to go out to April. There is already so much optimism on YHOO that possibly more than anything they say is priced into these stocks. Wishful thinking is buy on the rumor and sell on the fact. If that occurs, our Octobers may be fine. Good luck to you too. Glenn