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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Darth Trader who wrote (13437)	12/16/1997 8:37:00 AM
From: Lee Penick	Respond to of 70976

Thanks Darth, Appreciate the link. Why did you mamma name you that? <g> Lee

To: Darth Trader who wrote (13437)	12/16/1997 10:14:00 AM
From: Darth Trader	Respond to of 70976

re: option books. There are many good books on options. The classic "Bible" is Options as a Strategic Investment by Lawrence McMillian. Another excellent read is Options for the Stock Investor by James B. Bittman. A new options book by Bernie Schaeffer The Option Advisor bernieschaeffer.com Bernie was interviewed in Nov's Stock and Commodities magazine. Very informative. What to watch out for in open interest is an unusually heavy OI in a particular position. Heavy put sellers tend to be quite savvy. For example, while the market was tanking last Oct, IBM was rumoured to have been selling puts, then the next day announce a stock buyback.