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Technology Stocks : CMGI What is the latest news on this stock?
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To: PAL who wrote (8145)5/12/1999 11:33:00 AM
From: kcmike  Read Replies (1) of 19700
 
PAL,

regarding your covered calls and naked puts .... if you execute your trades as planned, the only downside would be that the bottom would fall out of the stock and you would have to buy the stock that you have sold the puts on. Is that correct?

Also, one of my brokers has a very stringent margin requirement on naked puts (25% of underlying stock price). have you run into any difficulties there?

Thanks, and best of luck with your trades!

Mike
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