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


To: Tom Trader who wrote (28871)11/19/1997 2:08:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 58727
 
Hiya TT how are you???

Remember my friend, it's Op Expiry week.. strange stuff happens during this week...

I think after 2:00 on Fri, we are going higher near term...

Just a feeling I have...Of course, I have been known to be wrong<g>..

But my "feelies are looking up!!!"

I love my IOM-KLIC-WSTL too...I'm looking very hard at INTC again...waiting for AMAT manyana...

Any signals from you or ole timer from Texas, or Kevin????

See TT what i tell ya, Kevin, never listens????

Oh yeah he might be sick??? who didn't know that!!!!:>}



To: Tom Trader who wrote (28871)11/19/1997 2:14:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (3) | Respond to of 58727
 
TT

well I guess you are right...just bought some OEX puts....this one is based on a "FEELING"...like OJ...not a mechanical system

I am hoping for a steak dinner out of this one

Electric...

trin
tick
can be gotten off of quote com

trin over 1 is bearish
under 1 bullish...



To: Tom Trader who wrote (28871)11/19/1997 2:32:00 PM
From: Hua Xue  Respond to of 58727
 
Open Interest Question. Please help.

What does Open Interest actually mean?
People say if there is a seller, then there must be a buyer.
If Fred bought 5 contract at 2 3/4 and Joe sold 5 contract at 2 1/2(spread), what this trade will contribute to the open interest?

If Fred bought 5 contract from MM(I don't if this is possible), does this trade make any difference in term of the open interest?

Can anybody help me out? thanks in advance.

--Hua