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


To: JavaGuy who wrote (14408)11/29/1999 1:48:00 PM
From: AmericanVoter  Respond to of 19700
 
JavaGuy, PAL had posted this tactic some time ago... the only thing with it, like you said, is limiting your gains if CMGI goes way beyond the 160 level... so, to do it conservatively, YES... to do it with a bullish forecast, do away with selling the covered calls... keep the underlying, and just write LEAP PUTS... they are bound to expire worthless barring any crash...

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