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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Henry who started this subject11/6/2000 10:37:51 AM
From: TigerPaw  Read Replies (2) of 2241
 
I saw the following item about a stock.

options will open with strike prices of 25 -30- 35 and position limits of 13,500 contracts.

What does it mean position limits of XX contracts.

Is there a limit to the total options that can be sold? or just in one trade? Does this affect supply/demand for the options?

TP
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