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

To: Michael Coley who wrote (48163)	2/18/1998 5:19:00 PM
From: Gary Wisdom	Respond to of 58324

Regarding bids on option contracts This problem is not endemic to any specific brokerage. In thinly traded options, you'll see this phenomenon all the time. My recommendation: either buy at the ask or put your bid in and know that you won't get hit unless the market moves against you. There is one more way to get your orders filled. However, this really depends on how your brokerage charges you commissions. If your broker will lump all your orders for the same contract in one day into one transaction for commission purposes, put in several orders to get your price. For example, if you are looking to buy 30 of the August 10s, put in a bid for 5 contracts at 1 7/16 and another bid for 15 contracts at 1 3/8. If you get both orders filled and you still want the other 10, pay up for these. Sorry folks, these are the ways of the world with options. Especially in months like August for stocks like Iomega, you'll get screwed every time unless you learn to play the game.