SI
SI
discoversearch

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 : E*TRADE IPO ALERT THREAD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Danny who wrote (2714)5/14/1999 2:39:00 PM
From: kcmike  Read Replies (1) of 15145
 
Danny,

I agree with you to a point re: hedging. But if you want to buy puts several months out for a stock like CMGI, you are better off being long and taking your chances, IMO. For example, with CMGI at about 227, it will cost you about $52 for a SEP 220 put.

I do that with stocks like CSCO, but just too expensive with CMGI. Probably better off selling OTM covered calls.

How do you hedge the high volatility stocks?

Thanks,
Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext