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Non-Tech : Any info about Iomega (IOM)?

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To: Guy Gordon who wrote (8955)10/16/1996 11:06:00 PM
From: Jeffery E. Forrest   of 58324
 
GG, I mostly use puts. That way I don't get caught with my shorts down : )

DOOM - Deep Out OF the Money

Not Ignorant-The most ignorant question of all is the one that's never asked.

As far as my PUT/CALL straddle strategy goes, With any "normal" stock I would be playing a whole different ballgame, but iomg is so volatile that I'm taking the gamble.
I've done this crazy straddle before, but it only works with the most volatile momentum type stocks. As you probably know, most options expire worthless because people buy the cheap stuff (close to expiration date). I wouldn't dare try this with any ordinary stock.
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