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: IceShark who wrote (35432)	1/19/1999 11:59:00 AM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Why not sell both calls and puts - AMZN will probably trade in a range between 120 and 180 for a while. Selling calls when it moves up to around 170 or selling puts when it slides down a bit more might make sense - as long as you cover if the tide moves drastically one way or the other. This remains a highly emotional stock - some people love it and think it can do no wrong and some people love to hate it and think it will crash. Both groups are willing to bid up the premiums to high levels.