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Technology Stocks : INFOSEEK (GO)

GO 10.97

+0.9%

Nov 26 3:59 PM EST

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To: cm who wrote (7424)	8/2/1998 11:35:00 PM
From: elia d	Read Replies (1) of 9343

Can anyone tell me how to read the option quotes for SEEK, I need some help. I'm looking at the calls at cboe.pcquote.com and the volume seems to be largest at Aug. 30 and Sept 30. I understand the concept behind an option but my question is, what do you need to pay more attention to, volume or open interest. What does open interest indicate? I noticed back in June, just before the announcement of the disney deal that certain options had alot of volume. Can you use these quotes to get an indication of where the stock is going? Thanks for any help.

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