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re: I'm seeing a bargain with this stock, what am I missing?

Posted on 4/5/13 at 2:28 pm to
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 4/5/13 at 2:28 pm to
quote:

It seems like there is a lot of "open interest" for the $9 calls, no?


I don't follow AA options enough to know if that open interest amount is unusual or if it is within the normal parameters for contracts expiring in a couple of weeks for that stock.

I'm assuming you know that open interest is not the same thing as volume of contracts bought since the call options for 4/20 started trading.
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