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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Rodney Lockhart who wrote (971)3/14/1997 5:07:00 PM
From: hpeace   of 14162
 
rodney, where you missed it is .... I can be the only transaction that day. I bot 50 calls.
but it shows on the system as 100 calls the volume.
It is estimated that most volume is like this.
The MM or trickster bot options from someone else and sold them to me
Like I paid 25.875. well a turkey bot options from someone for
25.75 and sold them to me for 25.875. Instead of me being matched up with the 25.75 which was a legitimate seller.
plus. I don't believe what you just quoted. I beleive you quoted it correctly. I forget the number that they think this distorts volume. maybe 50% +. (not positive about the number)
i don't beleive it is correct.
That is what I meant by sometimes I own more contracts that
the open interest....
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