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To: pater tenebrarum who wrote (19949)9/20/2000 12:45:00 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<well that's simple...huge OI means the strike will be defended...>

Oh, yes, you're talking about expiring options... didn't know that. This however is pretty meaningless on 6 month options for example... in fact, going to the strike with open interest often means getting them cheaper assuming the OI originated from a seller.

DAK