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Alias Born 12/13/2012

Re: jomifa8301 post# 50803

Wednesday, 02/12/2014 4:27:59 PM

Wednesday, February 12, 2014 4:27:59 PM

Post# of 68424
AS I already explained, options contracts do NOT exist perpetually to expiration or exercise. A "Closing" transaction can reduce the open interest. It all depends on the number of trades "to open" versus those "to close" as recorded by the OCC - the Options
Clearing Corp.