When a new expiration week starts in the options market for a particular stock, there is zero Open Interest until traders or stock owners either offer covered calls, naked calls to open or naked puts to open.
You are effectively buying a newly created contract with a right to either buy or sell that stock by expiration date.
If you wrote a covered call on a stock you own and decided you wanted to buy it back and close out your position, it would reduce Open Interest by one contract.
Trading options does not change Open Interest. Only those who created them add to the Open Interest or lower Open Interest. [Reply]
Originally Posted by Hog's Gone Fishin:
Trey is doing a live stream all day to raise money for wounded warriors. He's going to have a guy on shortly to make a legit case for AMC to hit $2000
Originally Posted by Hog's Gone Fishin:
Trey is doing a live stream all day to raise money for wounded warriors. He's going to have a guy on shortly to make a legit case for AMC to hit $2000
Originally Posted by Hog's Gone Fishin:
Trey is doing a live stream all day to raise money for wounded warriors. He's going to have a guy on shortly to make a legit case for AMC to hit $2000
Originally Posted by Hog's Gone Fishin:
Trey is doing a live stream all day to raise money for wounded warriors. He's going to have a guy on shortly to make a legit case for AMC to hit $2000
Originally Posted by lewdog:
I’m not selling any more shares!!!
I think I'm going to take my big loss and roll out of CCIV that I rolled into to roll out of a big loss with GME which I rolled into because I'm stupid and roll it into AMC and make all my money back. [Reply]
