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


To: KM who wrote (35732)11/14/1997 9:55:00 AM
From: steve goff  Read Replies (1) | Respond to of 58324
 
Not sleepy, just confident and patient. :)



To: KM who wrote (35732)11/14/1997 10:08:00 AM
From: Markas  Read Replies (1) | Respond to of 58324
 
Hi Truff,
I've learned a lot from your recounts of your trades on this thread, and was wondering what you currently like about the Dec30s. They seem pricey to me. I'd be a buyer at about 1-1.5 but I didn't get the impression you were bidding so low. I've been gradually stepping up my risk in the types of option trades I've been making over the last few months, moving farther out of the money and shorter expiration periods. Thanks in advance for your response, if you've got the time. I've also been considering rolling out my Dec25s(in at 3.75) to Feb30s. What do you think of that move? In the past, I have always waited for at least some dip to buy, but in this case I may just swap them at one time. Any suggestions on when to or not to "roll out" to future months?
OPinions/answers from all traders here appreciated.



To: KM who wrote (35732)11/14/1997 11:00:00 AM
From: Roland Fehrenbacher  Read Replies (2) | Respond to of 58324
 
Truff, you'll have to be careful with Jan options if you count on
earnings effects. This year, IOM released after Jan option expiration
(28th if I remember correctly). Probably will be the same next Jan
since it is Q4.

I lost a small fortune because someone posted the wrong date at the
time (would have gotten Feb calls otherwise). By far the biggest
mistake in my investment life. Well, IOM (the stock) was a different
beast then.