Thank you all for your comments. I'm familiar with the effect some of you refer to (and very elegantly explained!) - where the levered/inverse...
Do market makers price inverse leveraged ETF options simply by using the IV of the un-leveraged version and multiplying that IV by the leverage...
Do you mean to single out ETNs in particular (vs ETFs)? Yes XIV was shut down, but couldn't that have been SVXY as well?
Getting back to the initial question... I am building a spreadsheet as per your suggestion, to calculate SPXU (-3x SPX) theoretical values from...
Looking at the options quotes of the leveraged-index-ETFs (e.g. TNA/TZA, TQQQ/SQQQ, UPRO/SPXU, etc), the bid/ask spread is often huge. I'm trying...
Would users of such a system expect to get better prices then they could by placing an order on one of the exchanges? Or would the prices be the...
That's exactly what I'm worried about. Even though in my case I'm not looking to artificially manipulate the market and trade in and out. I want...
I want to buy 20 contracts of a certain option (spread is .80 x 1.20). I bid 1.00 and was filled on only 10 contracts. I have no interest in this...
Robert, Thank you for pointing that out. I see there's VXXB. Looks like it just started trading.
Anyone know why there would NOT be a Jan 2020 expiration for VXX? That expiration is available for other volatility names with much less volume...
If you've got a brokerage account that passes through the exchange fees/rebates (for equities or options), let's say you end the year with a net...
Oh, I misunderstood, I thought you were suggesting something specific. It's not a brokerage issue. These are directed orders (no smart routes) and...
I'm not sure what you're describing. My order makes a new best bid/offer and remains the only order at that price. So using the existing market in...
In these situations, I am the only one at the best bid or offer. Yes, going to same exchange.
I noticed some interesting behavior with my limit orders placed on various options. Very often I place an order which is a new best bid or offer....
That was my first reaction. But this type of situation happened to me twice in the last couple of weeks - in different underlyings. And I wasn't...
This may be a dumb newbie question, so apologies in advance. I "accidentally" made some money and would like to understand why. Looking at...
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