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To: Glenn D. Rudolph who wrote (35485)2/19/1998 11:38:00 PM
From: Dex in TX  Read Replies (2) | Respond to of 61433
 
Glen,
I have been looking for several months for an explanation of "open interest". Your answer to Jan indicates an UNDERSTANDING of the term.
Could you take a few minutes to give us a good description of the BASIC meaning of the term and the implications of changes in the number? Thanks....BTW, I've even asked my broker (18 years) and he didn't have an answer.