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To: John Graybill who wrote (49296)10/15/1999 12:03:00 PM
From: Bipin Prasad  Read Replies (1) | Respond to of 53903
 
Thanks, but it still does not explain HOW it closes close to strike prices. Do they buy or sell more stocks to achieve that? I never met any trader who claims that they actually do that, yet.

ps: I agree high #s of options expire worthless. So I never buy them, but sell them. Mine got exercised less than 1% over 4 yrs.

later,

InSook