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Non-Tech : Any info about Iomega (IOM)?
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To: Joon Song who wrote (36788)11/21/1997 5:35:00 AM
From: Yikes  Read Replies (1) of 58324
 
Joon, November Calls

I am not so sure that most of the calls are uncovered. More likely they are covered. As such, there will be selling pressure because if call writers don't buy the calls back, specialists would collect them with negative time premium (observed Nov 25c's) and exercise them. In fact, I wouldn't be surprised if IOM takes off next week after this selling pressure subsides.

Yikes
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