SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Wisdom who wrote (35669)11/13/1997 9:51:00 PM
From: Gary Wisdom  Read Replies (1) of 58324
 
Anyone have opinion on this options question?

If I hold 1 Feb 25 call and it is now $6, reflecting a $2 time premium, and after the split, I'll have 2 Feb 12.5 calls.

If the price goes in half, the time premium is reduced on an absolute basis.

But, I don't think this would necessarily hold true. IMO we should still get a $2 time premium, or at least closer to $2 than $1.

Any opinions?

I think that this might be a good time to load up on February calls. At least do it before the split.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext