Any info about Iomega (IOM)? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Philip Eskelin who wrote (39148)	12/9/1997 8:28:00 PM
From: Gary Wisdom	Read Replies (2) of 58324

Philip, options are risky whether they're in or out of the money I know it doesn't make you feel any better, but the last 7 days have been brutal to me too (among others). I too have stock and options, and my options have gotten slammed this past week as the stock fell over 13% from its high. And, I hold both in the money and out of the money calls. They ALL got whacked. Ken had posted about the success of his bull spread a few days ago. Even though this is an excellent strategy (as I do the same myself at times), I guarantee you that Ken is not so happy today either. It is the nature of options. Regarding the volatility of the stock, I agree with you. On November 30, I was doing just fine. Now, I'm in the hole again after taking this last 4 point decline. Depending on what options you hold, don't give up all hope. As quickly as this stock moves down, it goes back up. Just cross your fingers and take a valium. I'll be praying with you.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next