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Non-Tech : Any info about Iomega (IOM)?
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To: isdsms who wrote (35824)11/14/1997 3:45:00 PM
From: Markas   of 58324
 
A friend and I are actually using both stategies simultaneously in separate accounts, one personal-one investment club. We hold stock, write out of the money calls 4-6wks out, and speculate with longer term,slightly in the money calls(other plays not ruled out). My friend has written the Nov30s for 1 3/8 and will be happy whether he's assigned or not. We're also long the Dec25s. This is a great stock to trade,you almost always get a second chance(in the past 10months that is) if you're not too greedy.
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