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DryShips, Inc. Message Board

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  • stock_option_investor stock_option_investor Mar 19, 2009 3:13 PM Flag

    I don't trade options but look @ volume Apr. 7.50 calls

    You appear to confuse trading volume with open interest. Trading volume is how many contracts changed hands. If they are all just passing them around, then it doesn't mean anything. A dramatic spike in the open interest shows that there is increased DEMAND for the stock, not just a flurry of trading activity.

    The open interest is the totality of contracts that are OPEN to be filled and that is very small in the April $7.50 calls, especially when comparing it to the March $5 strike.

    Your post is inaccurate, and your arrogance & attitude are disappointing. It prevents you from understanding & learning.

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