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Non-Tech : Any info about Iomega (IOM)?
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To: Linda Pearson who wrote (39228)12/10/1997 12:36:00 PM
From: Judy  Read Replies (1) of 58324
 
Linda, I do a ratio-writes when I expect a stock that I own to fall or stall. A ratio-write is where one sells more call contracts than shares owned.

For instance AMAT is locked in a trading range with a downward bias ... I suggested to someone else that they may want to do a 3-2 ratio write when AMAT retraced up, that is sell 3 in the money calls for every 200 shares owned. When AMAT retraces down, then buy back the calls. ORCL is not going anywhere fast. If you're interested, we'll talk over the weekend. btw, you can find me on the Idea thread.
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