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Technology Stocks : CMGI What is the latest news on this stock?

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To: Zed who wrote (4992)2/26/1999 4:18:00 PM
From: Eric  Read Replies (1) of 19700
 
basically the move is to bet that the stock will go higher and what
is in the money puts will soon be out of money ... in the money puts
will get you more premiums, if you believe the stock will go up it may
not be a risky bet. Even if the stock does go down, you will still be ahead as long as your strike price - option price > market price ...
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