Amazon Stock Split Is Affecting Ability To Trade Vertical Option Spreads...

Discussion in 'Options' started by Con1991, Jun 7, 2022.

  1. No, you're arrogant. Vol can be measured. Prove it is less volatile, or you're making up nonsense

    lol, its moved up 8% and down 8% in two days.

    some posters here are beyond ridiculous
     
    #21     Jun 8, 2022
  2. Oh yeah, no vol here, practically a flatliner

    upload_2022-6-8_14-10-19.png
     
    #22     Jun 8, 2022
  3. Nobert

    Nobert

    Bet some retail thought that it felt to $121 and sold.
     
    #23     Jun 8, 2022
  4. You could - even if the vol wasn't lower. The problem isn't vol so much as range - which means you'll now pay 20x the fees for a given P&L. I haven't been trading verticals in it - ratios and flies, for the most part - but the principle is the same.

    E.g., a $50-wide 1/2/1 fly in AMZN, pre-split, cost me $2.60 in comms and fees; the equivalent post-split, 20 $2.50-wide flies, would cost $52. And given that I've been buying multiples - typically 2x-8x, depending on how much confidence I had in the move I was projecting for it - the prospect of paying over $400 in comms and fees alone is not especially appealing. Neither is the hassle of filling 160 flies instead of 8 - which, given how hard to fill flies can be, is another significant negative factor. A major one, in fact.

    So, AMZN - which has made me a nice little chunk of money before now - is dead, as far as I'm concerned.
     
    #24     Jun 8, 2022
    cesfx likes this.
  5. ok so maybe the commissions could be a factor. But weren't the spreads wider than they are now ? Or were you getting some miracle fills with edge , that the trillion dollar computers didn't know about.
     
    #25     Jun 8, 2022
  6. There's no "maybe" about it. Pick up a phone, call a broker, and have them explain it to you... although Zoom would probably work better for showing the bright crayons.

    Tip: if your mommy and daddy are willing to pay for somebody to pop your cherry, that might get you started on winding down the ass-wipe factor in your attitude. Talking shit to people you know nothing about is a straight-up dick move by cowardly punks protected by distance and anonymity.
     
    #26     Jun 8, 2022
    qwerty11, ffs1001 and etihan like this.

  7. Wow, you sound like a violent , and dangerous person.
     
    #27     Jun 9, 2022
  8. He said no vol in AMZN now .

    down 6% today.

    pitiful commentary
     
    #28     Jun 10, 2022

  9. Yeah, no volatility. Thanks for explaining this to us upload_2022-6-10_11-56-47.png
     
    #29     Jun 10, 2022
  10. #30     Jun 10, 2022