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To: Bill Harmond who wrote (8416)3/14/1998 2:49:00 PM
From: TheBigB  Read Replies (1) | Respond to of 27307
 
April deep in the Money calls open interest continues to grow.
What's happening here ? Any Bull is better off buying cheaper in the money calls. So why are there so many deep in the money calls ?
Is this because some funds want to unload on April 1st and later when windows dressing periods end ? or is it simply a hedge for a longer term holder ?
Can any of you speculate on what may be happening here ?