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Portfolio letters to the editor

 
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arthur
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PostPosted: Thu Nov 25, 2004 3:26 pm    Post subject: Portfolio letters to the editor Reply with quote

Feel free to ask me portfolio questions and I'll try to answer them promptly.

Hi Rick, yes, I believe, when a buyer and a seller opens one contract, then open interest increases by one. When a buyer and a seller closes one contract, then open interest decreases by one. Open interest is the total number of open option contracts. The total is adjusted after the close and shown the next trading day. Thanks for your interest. Arthur

>
> Hi Authur,
> I'm thinking about joining your website. I find it
> very intersting.
>
> I have a question for you am wondering if you can
> answer it for me.
> If some one purchases a 10,000 naked puts on a csco
> for instance is that registered as an increase in the
> open interest? I mean if you see an open interest can
> you tell if they 1 long put + 1 short put would add
> up to 2 open interest?
>
> Thanks and keep up the great job
>
> Rick
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