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Non-Tech : Iomega Thread without Iomega
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To: gil schmidt who wrote (7845)3/2/1999 4:03:00 AM
From: David S.  Read Replies (1) of 10072
 
Gil, All those May 5 puts at 1/2 were bought by people fearful or glad in predicting IOM will go lower than 6, and they were sold by lots of people wanting to get IOM stock cheap at 4 and 1/2 or wanting to collect on the fear out there that it will go lower even though they think that it won't go lower. Which are you? If I was an insider and knew the company would do well, selling puts would be a safe bet.

Regards, David S.
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