CMGI Inc. (NASDAQ: CMGI), a company that helps businesses, is recently up $3.42 to $13.75. CMGI reported Q1 net revenue of $274 million, a decrease of 3.1% compared to last year. W.R. Hambrecht says, "We continue to believe CMGI is a compelling turnaround story." CMGI December option implied volatility of 75 is near its three-week average according to Track Data, suggesting non-directional risk.
Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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