Any info about Iomega (IOM)? Message Board

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

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To: KM who wrote (36101)	11/17/1997 2:09:00 PM
From: Ken Pomaranski	Read Replies (3) of 58324

OT: options I'm surprised to hear that you buy out of the money calls! I pegged you as a pro. There are several great papers written on option strategies, all of which show how much better off you are 'investing' with in the money calls. Usually out of money call buying is reserved for amateur speculators who don't have much capital.. so they buy 'cheap calls', and do what amounts to as 'gambling'. Also, in the money call buying sets you up for some GREAT spread stategies as the stock moves up.. Good luck! kp

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