Replies to post #41275 on Options Wonderland

[Market Technician]

thx, I guess option sellers have an edge.

[3xBuBu]

look at trading activity for
XLF Dec 2008 11.0000 call (XJZLK)
and XLF Dec 2008 10.0000 call (XJZLJ),
those amazing volumes disappear today!
Today......................................................................................................................................................Yesterday #msg-34294363

Strange thing is those huge volume showed up in yesterday's the top volume for the day #msg-34294937

[leemalone2k3]

Another thing to consider is that MMs can create/remove as many contracts at any stike at a whim. There is no set limit, like in stocks.