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To: Charles Tutt who wrote (5067)10/23/1997 2:21:00 AM
From: Ben Antanaitis  Read Replies (2) | Respond to of 64865
 
Charles, Carmine, et al,

I was only posting what the Investment Research Institute folks said about the sudden rush to buy the Nov 45 Calls that occurred between Friday and today.

But, I also have been following a theory re open interest and the stock price of the underlying issue especially on the day before option expiry. So, I bit the bullet and put something together to illustrate what they were talking about in the news item. It won't fit on SI, but you can see it at:

pipeline.com

Ben A.