Aren't we always paying the spread?

Discussion in 'Options' started by Scataphagos, Jul 18, 2017.

  1. I understand that, but is that what usually happens. Or is what most often happens is that we end up paying the spread when the price declines so that out bid has become the ask at a lower price.
     
    #11     Jul 30, 2017
  2. Robert Morse

    Robert Morse Sponsor

    In my experience you can often do better than the NBBO spread when it is wide.
     
    #12     Jul 30, 2017