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Politics : Formerly About Applied Materials
AMAT 329.07-0.4%3:59 PM EST
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To: giddy guru who wrote (7930)9/13/1997 12:29:00 AM
From: Ronald D. Engelkes   of 70976
 
GG,

<Check out the Jan 110 calls. Volume is 1157!!! The OI is 1164. Wow I hope most of it is Buy and not write.>

Aren't options a zero-sum game? I can only buy a call if someone else has written it? Must not the "buys" and the "writes" be exactly equal?

Ron E.
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