Yep, I put my Roth money in index funds and the wifes Roth in individual stocks as a test of that very idea roughly 6 years ago. Her Roth is destroying mine by an extreme number.
OT options question. I sincerely doubt there's an opportunity here, but look at the August puts on SWI. It's trading at $9.90 and the spin-off of NABL was one share of NABL for every 2 of SWI. NABL has not started trading yet, but its showing an open of $14 on the ask. That puts things at $16.90ish Those August $20 puts look cheap at $3.00 Unless NABL gaps way up which I doubt it will. ?
$3 would have been an untradeable price. the market was 2.3 at 3.9.... no one would meet you in the middle for the reason you describe.
I'm showing 3.10/3.30 atm It was $3 on the ask earlier though when I wrote that. I think they're halted or something, waiting for NABL to open probably.
I didn’t see a 3 dollar ask in the quote history around the time Of your post. I saw a 3 mid. the option symbol underlying i am using is SWI1
Bad data? I show zero volume on any SWI options today. And I still show 3.10/3.30 at the close on the $20p Nabl didn't open, but its ask now is $13. So $6.50 + $10.20 ... $16.70 Zero intrinsic for 32 days? No way. I think its just stale quotes.
I hope you all are safe from that dam fire! Went to Placerville and it looked Apocalypse now. Thanks for allowing us inside the way you see the Market!