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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Softechie who wrote (800)2/6/2003 1:30:52 PM
From: Win-Lose-Draw  Read Replies (2) of 11447
 
it had to be a big guy doing the put writing, i'm curious about who is stepping up to the plate to buy these things. highly unlikely to be retailers like us.

i know there are buy/sell arbitrage programs that just sit waiting for their limit orders to be hit, could it be that the buying is nothing more than unintended program buying caused by a clever "unwinder"?
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