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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: randy kay who wrote (2605)	7/17/1997 12:04:00 AM
From: Art C.	of 42787

Randy--I will try to answer your question as best I can. In order to buy a call or a put there has to be a seller of that call or put. Open interest, as I understand it is the number of contracts that are outstanding at the exchange. In other words someone has put a contract(or a number of contracts) up for sale and they have not yet been bought. Go to cboe.com . Good education site for options. Art

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