CONVERGYS CORPORATION (NYSE: CVG) Message Board

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Technology Stocks : CONVERGYS CORPORATION (NYSE: CVG)

CVG 24.41

0.0%

Dec 14 4:00 PM EST

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To: ALTERN8 who wrote (91)	6/18/1999 5:27:00 PM
From: Sethpop	Read Replies (1) of 135

Sold Covered January 22.5 Calls against current position and received $3.875/share. This is a strong premium (31% p.a. rate) for 7 months. Basically caps the upside till January at 26.375....but provides good cushion for a correction. Last time, sold calls and was able to buy them back for nominal amount shortly thereafter when the stock retraced. Would certainly do that again.

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