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Technology Stocks : All About Sun Microsystems

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To: Homer who wrote (10322)7/3/1998 11:40:00 AM
From: Ben Antanaitis  Read Replies (1) of 64865
 
Homer,

1)The 'value' used is the value the option would have at 4PM on the third Friday of the month. There is no bid/asked or time premium involved, just how much 'in the money' is it. The calculation method is explained in the example analysis selectable at the bottom of the Max-Pain graph page.

2)I wait until the market has been closed for a couple of hours, and then use the CBOE table data column labeled 'open interest'. I believe this has the day's activity accounted for. For example, If I go and look at the data for SUNW today, it shows the same OI numbers that I downloaded last night at 8PM EDT.

Ben A.
ez-pnf.com
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