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Microcap & Penny Stocks : Genicom (GECM)

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To: Olu Emuleomo who wrote (74)9/5/1997 10:58:00 PM
From: Carl Yee   of 231
 
I was not able to find the GECM option designators on Lombard today, but found them on Stocksmart.

Looks like Dec 12 1/2s traded 15 contracts, calls, today.

The time premium seems relatively low. Example: Dec 10s, calls, are 3 7/8 x 4 1/4, while Sept 10s are 3 3/8 x 3 3/4. so it looks like the time premium is 1/8 for a month.

Options exist at 10 ,12 1/2, 15 for Sept. , Oct. Dec. Leaps exist for the same strike prices for March 98.

I will probably spring for a few Leaps at 12 1/2 or 10.
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