Options

[bbgold]

Hey daddyo, RHAT looks like it is going Down EH? CMGI calls do not look Too cheap but I think that they are Fair. If I may ask, do you trade covered shares or trade open options? Right now I am interested in how options can help my Held positions. I just picked up some NZRO at 1 1/16. If I can sell Jan 5 calls for 1/4 then I would pick up .25 cents per share (less commissions) and the only way that I would lose my shares is if the stock price was above 5 in Jan? And if I waited until the price rose to say $2 then perhaps I could get a higher price for the Jan calls? BTW, It I could I would buy Mar 10 calls on CMGI for $2, VERY VERY CHEAP! What do you think Jeff? TIA bbgold :^)