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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (1987)12/12/1997 10:31:00 AM
From: The Perfect Hedge  Read Replies (2) of 4969
 
steve-
Question:I want to add to an option position.I have 50 contracts already but woud like to buy another 150 contracts.the open interest stands at 106 now so I own about half of the contracts outstanding.If I add to my position with the 150 contracts am I going to have trouble selling them later since I have the majority of the contracts.The stock is on the NYSE,does that help me at all with reference to MM's holding back the price?Also I do not expect much buying besides mine on this particulair option.TIA.GD
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