Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (10623)	6/22/1999 2:59:00 PM
From: Mark Peterson CPA	Read Replies (1) \| Respond to of 19700

so where does that leave us now? Don't really have an opinion on it. You just have to take what the market gives you. Earlier today, with the lower volatility in the calls, it probably made sense to buy them if being net long was your disposition. Certainly wouldn't have wanted to sell them at the lower volatilities. However, at this point, volatility in the options has increased 4-6 points on the average. Would suggest to me a possible return to the higher priced options, where it probably makes sense to consider selling them if hedging your net long position is your objective. Certainly wouldn't want to buy them at the higher volatilities (over 100). But we're not quite back there yet. Best regards, Mark A. Peterson