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Strategies & Market Trends : Tech Stock Options
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To: Trey McAtee who wrote (57309)11/11/1998 8:55:00 PM
From: Linda Kaplan  Read Replies (1) of 58727
 
Trey: Not even nearly close to profit on CMGI puts. I averaged down to 1.7 and there was only a 1/16 bid on them today, when the stock was hit. They are Dec 35's and they were near the money when I bought them but the stock more than doubled since. Because of averaging down, I ended up putting more into them than I should have, too. It looks grim.

--Linda
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