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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: BirdDog who wrote (688)7/14/2001 7:29:35 AM
From: Venditâ„¢   of 8752
 
Without reading the entire paragraph I don't really know. Some possibilities are;

Opening purchase
A transaction in which the purchaser's intention is to create or increase a long position in a given series of options.

Opening sale
A transaction in which the seller's intention is to create or increase a short position in a given series of options.

Open interest
The number of outstanding option contracts in the exchange market or in a particular class or series.

Im sure you can find out anything you want to know about options on the CBOE site if you wish. It's a free online learning center put together by the Chicago Board of Options Exchange. I can't think of a better resource to learn about trading options.

cboe.com
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