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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: Rainforest who wrote (2763)5/2/1997 8:04:00 PM
From: HPilot   of 3256
 
Wrong Dragonfly. If you buy a call it may be from someone who was long on that call and the open intrest does not change.

Options are contracts to buy a stock and open intrest is the number of contracts open. Once written (someone has shorted that option) they stay open till excersized or expires.
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