Hi Folks. Seems that SEPR is dropping like a rock on NO NEWS. At least no news that I have seen. I would love to sell some May contracts...
CPI was released "ages" ago. Normally, with such a wide spread there is an event pending or there is wild movement in the underlying and the VIX...
Anyone notice that the bid/ask spread on the May SPX options just jumped from about 1 or 1.5 to over $3? What just happened to justify such a...
Easy money for whom? LOL :D
Thanks atticus. AZD
Could you provide actual numbers? Are we assuming we can borrow the stock? AZD
Yes, a "reverse conversion." Could you provide an example of a "box or roll." AZD
Okay, it looks like a conversion is out of the question since DNDN is nearly impossible to borrow but: Stock at 7.40 May 7.5 call at .5 May...
Paden, Congrats! It takes a lot to close out something like this. It also takes a lot to post your information publicly and subject yourself...
I too recommend getting out. Things may work out for you if 1) there is a delay is the announcement or 2) there is very little movement in the...
Sorry for the imbedded post. I wrote the following: Another thing to keep in mind is the SET. It might not be as predictable as previous...
Rolling also = buying more time. If you roll the calls, you can increase or decrease the amount of calls you sell depending on your market...
There is always the option (no pun intended) of an early roll to April. For that matter, perhaps a roll even further out . . . June, Sep, Dec...
Here's to a smooth, spookless ride through expiration. :D AZD
That's volatility for you. For those who sold it - it seems that they are doing well. At least for now. AZD
Yes, the ol' sphincter relaxation. Why would you worry about spooking the market if you opened a bearish (call spreads?) position? AZD
Thanks. I still cannot believe these quotes. Huge spreads. For example, the June 1325 puts are going for 11 x 16 right now! A five point...
Mark, Would you please elaborate on this statement? Almost zero public paper? AZD
These huge bid/ask spreads are killers! Sure, if you are entering a position, you can be patient. But with high IV and huge spreads, it...
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