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Non-Tech : Any info about Iomega (IOM)?
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To: isdsms who wrote (38658)12/6/1997 7:27:00 AM
From: KM  Read Replies (1) of 58324
 
Ira: He's talking about spreads, say where you buy IOM Feb. 25's and simultaneously sell a like amount of IOM 35's, thereby reducing your cost and ensuring you will make some money no matter which way the stock goes. Personally, I don't like bull spreads much. I like to buy in the money options as proxy for the common stock and just ride with them. I will do bear spreads from time to time though.
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