Guide to read option chain/data to trade stocks?

when was this? 1984-1986?

 

The majority of my 25 years as a MM I stood in the Apple crowd. Toward the later years when John Sculley was the CEO of Apple Computer, before Jobs return, the stock was dead and option volume died. My best guess is that this was about 1991 - 1992 when I tried trading other options. Next to Union Carbide was also Seagate and a few other options that had more volume.

 

Check the moneyness... maybe early exercise? Just guessing.

 

lol exercise/assignment can only reduce OI.

 

He said "change is greater"... so it holds. Why quibble about direction?

 

bc he meant +change.

 

Now you're just putting words/symbols in his mouth

It's not wise to assume IMHO.

 

What moron would doubt that ex/assignment would decrease OI? I mean, other than you?

 

Like I said, it's not wise to assume. IANAL and I'm looking at it from a literal perspective. If it doesn't help Sekiyo, oh well.

Is this really the hill you want to die on?

 

I'll give the point the the demon
But it's an interesting take.