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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: McNabb Brothers who wrote (16845)	1/10/1999 10:54:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 18691

Hank, your calls are a good way to play AMZN, but watch out for the volatility. It could very well see $228 or $128 or even both this week.

To: McNabb Brothers who wrote (16845)	1/10/1999 11:40:00 PM
From: Al Chechatka	Respond to of 18691

Be very very careful with naked calls. This stock is going way beyond any reason and it could be at 400 if an analyst says its is going to be at 400 POST SPLIT. There is no reason, I have naked calls for the year 2001 and I got them the day before that idiot projected the stock be worth 400. Covered the next day at a 6K loss, but it now would be a loss of over 120K! on just 3 contracts of the Jan 2001 230's (now the 76 5/8's!). Better to just buy the puts long way out. If I were smart, I would have bought both the puts and calls for 2001. The puts are only down 25% since Dec 15th. The stock is up almost triple. The calls went from $83 to $400 each. The puts from $81 to $57. (pre split numbers). Al C.