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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (13367)	9/29/1999 3:53:00 PM
From: edamo	Read Replies (1) \| Respond to of 19700

mucho ot ot ot optimum put sale is made when stock is oversold, it is same as going long the stock, as in buy low sell high, with put sale it is get high premium and cover at low premium. buying anything inherently more risky then selling a position. put selling gives you the advantage of a long , but with capped profit, and if it goes against you, the cost basis is adjusted by the strike less the premium. sell puts,buy calls when underlying is oversold buy puts(yuch..insurance?),sell calls(better insurance) when underlying is overbought cmgi and qcom have current overbought bias