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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: dannobee who wrote (851)8/29/2000 12:53:24 AM
From: Jeff O'Brien  Read Replies (1) of 1426
 
Hi Danno,

I do understand the terminology for options fine. I actually have one account that is totally options. What I was leading to was that: If I sell 5 puts to open a position, that adds to the open interest. If I buy those 5 puts back to close the position, then open interest is reduced again. Is that what you were saying???

Jeff
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