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Technology Stocks : Compaq
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To: Roads End who wrote (17764)2/20/1998 2:21:00 PM
From: Hugh W.  Read Replies (1) of 97611
 
Steve, Option expiration works this way. For example, if open interest on Feb 32.5 calls are 30K and the Feb 35 puts are 15K, this means more people want to push it down to 32.5 than push it up to 35.

This is not always true. It's depending on the market condition.
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