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Strategies & Market Trends : Tech Stock Options
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To: Constant Reader who wrote (2057)5/29/1996 3:23:00 PM
From: Judy   of 58727
 
Randy, on USRX and IOMG

Where have you been hiding? Give me your thoughts for USRX ... is it basing to cycle up ... good time to buy tomorrow?

IOMG is behaving as expected so far ... read my post on the other thread. Am comfortable with selling puts on IOMG, up to now. Watched it being played today, a bit like CUBE had been. Dip the stock down to sub-35, scare the little investors a bit, pop it back up to 37-38 and so it goes. But note the gyrations are dampening down ... Got an email from a friend/reader of my posts ... said it was suicidal to be selling puts on IOMG. Me, suicidal? ... can't even stand the slightest pain.

What's more risky ... buying OAKT at 19 when you thought it was based and having it tank on you to 12? or selling puts on IOMG to be put on in for 35. I can play that ... because IOMG still moves...one can't play a dead cat, you know.

BTW, you've done anything with your IOMG, like sold covered calls or did you unload? CYCH at its high, riding it higher or counting your profits already? Regards.
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