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

To: David Weis who wrote (31989)	12/26/1997 4:49:00 PM
From: randy kay	Read Replies (1) \| Respond to of 58727

David, I kind of figured it wouldn't be too straight forward, that's interesting. I hope some more people respond to this question as I haven't seen it discussed and it's important if a person is going to read anything into the OI numbers. Thanks again, Randy

To: David Weis who wrote (31989)	12/26/1997 10:06:00 PM
From: Patrick Slevin	Respond to of 58727

You and M. carter are pretty much on track. A transaction between 2 traders for 100 options does not count as 200 options, it only counts as 100. As you say, if you are opening and so am I, OI increases by 100. If you are closing and I am opening, no change. Vice versa, same thing. If we are both closing there is a decrease of 100.