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 (25083)11/8/1998 3:28:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I am interested. Thinking about to short 200 shares Yhoo at $155 or so. Checking the
options too, Nov 160 calls with $5 premium. Is it worth it to try to write two Nov 160
calls and for the $1K premium??


Jan,

Writing the 160 calls is more conservative. I am not sure I like the risk/reward. I never thought YHOO would get this high so what concerns me is why can it not go higher?

I was thinking of a boxed position like we did with AMZN. I believe you still are doing this. Maybe a few hundred shares long and a few hundred shares short. Then on a bounce write covered calls and on a pull back write covered puts. Your thoughts?

Glenn



To: Jan Crawley who wrote (25083)11/8/1998 7:13:00 PM
From: Bill Harmond  Read Replies (4) | Respond to of 164684
 
>>Thinking about to short 200 shares Yhoo at $155 or so.

Why, poor fundamentals?

Jan, of all the stocks you can choose from, (from which to choose, Glenn), why (for heaven's sakes) Yahoo?