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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: TradeOfTheDay who wrote (5360)10/5/1998 11:51:00 AM
From: Tom Trader  Read Replies (3) | Respond to of 44573
 
Re AMZN and the shortage of stock

The way to do it is to sell calls naked and use the premium that you receive to buy puts--in effect a short position. Go out to November -- say and it is unlikely that you will be assigned even if it goes against you a bit. Required margin is less than shorting the stock based on exchange requirements.

May be you know that already--it's the way I'd play it if I did it.