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To: pater tenebrarum who wrote (19922)9/20/2000 12:14:22 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Didn't see that. Thanks heinz. I knew you could stop me. -g

Even though I am liking down, I am not against buying some calls as a hedge here. Still shopping...

(Am only a couple of points away from profit stop at this point. Worked our way back up to megaphone'y-bear-flag I have mentioned. Down or out are my possibilities here.)

edit: Bounced down off this line for now. I hate lunch watching. Think I leave it and go to the post office to chat-up the girls.



To: pater tenebrarum who wrote (19922)9/20/2000 12:19:27 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<open interest relationships between calls and puts...never buy a call with huge OI... >

Don't know what this is supposed to signify, but IMO it doesn't mean much. Call OI is usually created by intstitutional sellers on balance, puts were almost exclusively retail till companies started to sell them. IMO large IO in calls on a certain strike just means that at some point an institution picked that one to sell... whether this means anything or not I leave it to others.

DAK