Any info about Iomega (IOM)? Message Board

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

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To: Fred J. Ledo who wrote (40968)	12/19/1997 9:58:00 PM
From: slipnsip	Read Replies (1) of 58324

*OT** Okay quick question for the option players.. I expected my December 25's to expire worthless. Well as we know, they did not. I never closed the position. My account is with E-trade. Their policy is to close the position out at 4 pm if it is 3/4's in the money. My question is...... Because I did not close my position out, and E-trade did not close my position out, will the option position be excersized automatically and will I end up being long the shares on Monday?? I believe from what I remember that I technically have until sometime Sat to excersize those options?????? Thanks in advance..

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