CMGI What is the latest news on this stock? Message Board

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 : CMGI What is the latest news on this stock?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug Meetmer who wrote (4908)	2/24/1999 9:04:00 AM
From: Mark Peterson CPA	Read Replies (1) of 19700

If you think the stock is going down, sell at the money calls. If you think the stock is going up, sell out of the money calls. The key, of course, is to properly "guess" where the market will be at expiration. You could sell out of the money calls, have the NAS drop 300 points by expiration, and take a bath on the underlying stock. By the way, even if you sell the 115's or 120's, and the stock gets called, is that so bad? You'd be making something in excess of a 100% annualized return... Others of course, may feel different. It's all about your preference for risk... Best regards, Mark A. Peterson

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next