You are correct. Mahanta's first guess is also correct. You will find the 
authentic answer below with a little history, as published in the NYT.
Dilip
==================================================================================================================

On Sept. 21, 1970, readers who turned to the last inside page of The Times’s 
main section found something new. The obituaries that normally appeared in that 
space had been moved, replaced by something called Op-Ed. The vision of John 
Oakes, the editorial page editor, and Harrison Salisbury, the eminent foreign 
correspondent, Op-Ed was meant to open the paper to outside voices. It was to 
be 
a venue for writers with no institutional affiliation with the paper, people 
from all walks of life whose views and perspectives would often be at odds with 
the opinions expressed on the editorial page across the way. (Hence, Op-Ed — 
Opposite Editorial.) 

And so here we are. Four decades and nearly 15,000 pages later. This special 
anniversary section features artwork and adapted excerpts from a tiny fraction 
of the writing that has appeared on the Op-Ed page over the years, as well as 
selections from commentary published exclusively online. (Additional 
celebratory 
features can be found at nytimes.com/opedat40.) 

Here is some of what the outside world has had to say. — THE EDITORS 




________________________________
From: amlan saha <[email protected]>
To: A Mailing list for people interested in Assam from around the world 
<[email protected]>
Sent: Sun, September 26, 2010 1:06:19 PM
Subject: Re: [Assam] Op-Ed

I think the moniker is a throw back to the days when they used to appear
physically on the page opposite to the editorial page, which used to be
reserved for the newspaper's own editorial room.

But I like CM's other alternatives :-)


On Sun, Sep 26, 2010 at 1:25 PM, Chan Mahanta <[email protected]> wrote:

>
> Hmmm! What could it be if not Opposite of the Editorial position?
>
> ** Optional education? Naah!
>
> ** Opinion on Editorial? Naah!
>
> ** Opportunity to editorialize? Naah!
>
> ** Opinion Edition? Naah!
>
>
>
> I give up. What?
>
>
>
>
>
>
> On Sep 26, 2010, at 11:38 AM, Dilip Deka wrote:
>
> > A quiz -
> > We all read Op-Eds. What does Op-Ed stand for?
> > It may not be what you think.
> > Dilip Deka
> > _______________________________________________
> > assam mailing list
> > [email protected]
> > http://assamnet.org/mailman/listinfo/assam_assamnet.org
>
>
> _______________________________________________
> assam mailing list
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>
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