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


To: cellhigh who wrote (29320)12/8/1998 4:32:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I am in very good shape, thanks.



To: cellhigh who wrote (29320)12/9/1998 10:10:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
cellhigh,

I think that I did not make my post clearly yesterday. I wrote(sold) two Dec 190 puts and will get $12 premium each; which means I have an obligation to buy 200 shares of Amzn at $190 on Dec. 18.(next Friday). I got a couple of Pms regarding to the above.

I also wrote(sold) One Jan 175 puts for $21. Which means I have an obligation to buy 100 shares of Amzn at $175 on Jan99 expiry date; and for this "obligation" I will receive $21 put premium($2,100).