SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Philip Eskelin who wrote (38639)12/5/1997 7:20:00 PM
From: Ken Pomaranski  Read Replies (2) | Respond to of 58324
 
<< I'm worried the Dec 35s will be out of the money and unsellable
by the last week before expire >>

Simple fact: you will lose money in the long run if you buy out-of-
the-money options. Why you bought these in the first place I'll never
know.. Go to Tahoe, man!

To be successful (in the long run) you MUST use in-the-money options
and trade the short side (creating bull spreads for credits ) during the life of the contract. That way you'll almost always make money...

kp



To: Philip Eskelin who wrote (38639)12/5/1997 7:29:00 PM
From: KM  Read Replies (2) | Respond to of 58324
 
Philip: Do you know which Dec call and put strike currently has the highest open interest. I am not in position at this moment to check.