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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: E. Davies who wrote (9191)5/8/1999 12:24:00 AM
From: KW Wingman  Respond to of 29970
 
Not volitile enough? Man, what counts as volitile!

I will give you an example: I believe CMGI is volatile enough. <:}
A week or so ago I sold CMGI May 360 calls for 10 3/4. The stock is currently trading over 100 points lower than that strike price. I figure that I will be a winner no matter what happens. I am a long term bull on CMGI and I want to hold my stock. If the stock goes over 360 by May I believe it is overbought and will come down in price so that I can buy it back. Note: I have been wrong about this before and would have been better off just holding the stock.