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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: avanti77 who wrote (2672)	2/10/2000 2:30:00 PM
From: Poet	Respond to of 8096

Donna, I think that's an intriguing idea. I haven't been following CMGI. Would you take a look at the chart and let us know what a good buy-in (or in this case put-sell) price is? Remember, the time to write puts is when an issue is oversold. Also, here's the chart for INSP, a stock I wouldn't mind owning: askresearch.com I'd posted something from Option Investor about a put sale play, but I'm not sure this is the time to enter. I'm so glad you're having fun with this!

To: avanti77 who wrote (2672)	2/10/2000 2:45:00 PM
From: freeus	Read Replies (1) \| Respond to of 8096

Hmm I didn't look at the quote but if you get $12 for a June CMGI 100 put then you have RECEIVED $12 already so when you have the stock "put" to you (if you do) at 100 you are only paying $88 for the stock. A very good deal, I would think. Now I have to go look and maybe buy some myself. Freeus

To: avanti77 who wrote (2672)	2/10/2000 2:48:00 PM
From: rkral	Read Replies (2) \| Respond to of 8096

Jun100 contracts going for $12. So even if I get the stock "put" to me, I'm paying the equivalent of $112 a share. Am I missing something, since that's lower than the price it's trading at today? No .. you would own the stock at $112 plus commissions. But don't forget .. the stock will have fallen to less than $100 if it is put to you. Ron