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


To: stock_bull69 who wrote (16246)2/2/2000 2:55:00 PM
From: im a survivor  Read Replies (3) | Respond to of 19700
 
Hmmm....what to do...what to do...all opinions welcome.

St higher levels, I wrote covered calls against my long position. The march 140's to be exact.

I certainly do not want to have the stock called away so I need to either hope they expire worthless, or buy them back. Anybody have cc's on the march 140's ? If so...what is your strategy. I know cmgi can run at any moment...however, we may also trade within this range for awhile. Obviously, I prefer not to buy them back at current $7 level if we are gonna trade below 140 and I can get them back for alot less or let them expire worthless......at the same time, I hate to have to buy them back above $10, if the stock runs within the next 7 weeks or so.

All suggestions are welcome.

Keith