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Hello, I've been dabbling with some of the more popular stocks like aapl's options and have been mildly successful.

I'm looking at some others now with lower volumes, and an uncertain how to read the "open interest" stat.

For example, I'm looking at SRS, and the open interest is sometimes just 1 or 10 vs aapl's hundreds/thousands.

Does this mean there's actually only 1 option contract out there if it says open interest of 1? And thus is this a very risky or impossible trade to work with?

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