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

To: Todd Pagel who wrote (4965)2/25/1999 8:20:00 PM
From: SJS  Read Replies (1) | Respond to of 19700
 
"buy covered call"? I think you meant "buy long calls". Covered refers to whether calls are WRITTEN against long stock you own, or naked (uncovered).

Steve

PS: CMGI gonna go down anytime soon so I can write puts on it? Premiums on puts and calls are GOING TO RISE as we approach the earnings event on 3/11.

Buyers and Writers should be ready to review their strategies!!



To: Todd Pagel who wrote (4965)2/26/1999 12:15:00 AM
From: Bretsky  Respond to of 19700
 
Thanks. I did not even know that since I do all my trading via the Internet. I thought I could just get started when I was ready.


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