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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo who wrote (1120)1/15/2000 4:18:00 PM
From: Rare Bear  Respond to of 8096
 
Very simply put, it is the strike price that on the current month expiration of an option, that if reached, will cause the most contracts of that month to expire worthless.

I believe that since professional traders write most of the options, they do their best to bring the stock price to this point for maximum gains.

Open for other opinions?
Hope this helps.
Doug