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Technology Stocks : CMGI What is the latest news on this stock?
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To: Eric who wrote (4974)2/26/1999 11:47:00 AM
From: Jill  Read Replies (1) of 19700
 
I finessed getting the ability write naked options by telling them very specifically what strategy I wanted to use, and it's still fairly consevative (taught to me by edamo over at the Dell list). You defnitely should have underlyign collateral or cash should the option be put to you, which means in this case 110K minus your premiums, but you don't need 100k, you can w/ fewer put contracts--go check edamo's posts on dell they'll instruct
Jill
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