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To: DepyDog who wrote (23642)6/26/2000 12:01:00 AM
From: Dr. David Gleitman  Read Replies (2) | Respond to of 35685
 
Morning (yup, 120:01, it's morning) Depy:

Re open interest, I found that when I check the options chain from Schawb, they have it listed on the side. It lets me know how many contracts are out there (correct me if I'm wrong, anyone).

check out:

edreyfus.com

The OI is the open interest. I use it as a guide when I want to sell cc's but don't want to lose the stock, for whatever reason.

Let me know what you think.

Regards,

David



To: DepyDog who wrote (23642)6/27/2000 2:50:00 AM
From: Dr. David Gleitman  Read Replies (2) | Respond to of 35685
 
Good Morning Depy:

Didn't have a chance to read todays posts yet. Did you finf the open interest column? Many times the overall interest will appear like a bell shaped curve. At times there may be several peaks that form (maximum volume strike prices). Some of these were formed before or after a stock event (as with the rise and fall of the market over the past few months). If you want to keep a stock, I would tend to go more conservative and grab a few points premium each and every month. Any questions, give me a shout.

David