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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Andrew who wrote (24330)11/20/2003 3:00:57 PM
From: Little Joe  Read Replies (2) of 39344
 
The logic of that statement escapes me. If there are calls at four hundred, it seems to me that since there are two parties to a call contract and there would be just as much interest in keeping the price below 400 as moving it above 400. What am I missing?

Little joe
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