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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Chi-X who wrote (35387)11/13/1997 8:56:00 AM
From: Richard Smith  Read Replies (2) | Respond to of 58324
 
shut up chia



To: Chi-X who wrote (35387)11/13/1997 9:21:00 AM
From: Markas  Read Replies (1) | Respond to of 58324
 
Why split? Just another opinion...
Every month at options expiration, the SI crew here starts to ponder how the price of the stock will react given whatever large open option interest exists in the stock. We surmise that the large open option interest increases volatility and and predictability at this time. This may lead to more traders speculating in the option market-buyers gambling based on their "educated" analysis of option driven price direction will bid up premiums enticing even more sellers into the market. I, for one, would be more likely to trade actual stock as the actual dollar cost per share decreases rather than gamble on a call or put.
The calls give me the leverage I want, but with commensurate risk. At $14 per share($7 if fully margined) I would be willing to trade stock rather than a $3-$4 option. Does anyone else think the lower share price will decrease option speculation?