We all know that trading options is exciting, highly competitive, and can be very profitable. The key to long term and consistent profits in option trading is options education. The McMillan Mentoring Program, which is run by former Market Maker, white badge AMEX Floor Official, professional trader, and longtime MENSA member Stan Freifeld, can take your trading to the next level. To see where you stand, take Stan’s Options Challenge by answering his question on the first Monday of each month.
Every participant who answers this week's question correctly within 7 days will receive a complimentary 1 month subscription to McMillan's Daily Volume Alerts.* Good Luck!
Stan’s Options Challenge: Question #9
On XYZ stock you notice that the Open Interest of the Dec 75 Puts is 15 contracts. During the day the Volume of contracts traded is 70 and 20 contracts are exercised. The Open Interest at the beginning of the next day can be any of the following number of contracts EXCEPT:
A) 0
B) 1
C) 37
D) 65
E) 70
Click Here to Submit Your Answer
*Answers must be received by 11:59 PM eastern time on 8/11/14. Participants may only submit 1 answer. The complimentary access to the download will begin after the conclusion of the 1 week period. Winners will receive an email containing a unique coupon code for the product.
© 2023 The Option Strategist | McMillan Analysis Corporation