DUST: quotes (Bid/Ask) doesn't make sense...

Discussion in 'Options' started by marsman, Jun 2, 2016.

  1. marsman

    marsman

    Sorry folks to bother you again with my little problems. But I don't know what else to do but asking the people who know more than me. TIA.

    I simply don't understand the following quoted premiums, for example that of strike 2.
    Is the data buggy, or is it me who lacks the knowledge?
    Does it mean there are for the said ITM strike 2.00 some sellers who would like to unload their positions for a premium of $0.05 ?
    Or is this maybe not a normal option?

    DUST.png
     
    Last edited: Jun 2, 2016
  2. FSU

    FSU

    Two different contracts. One represents 10 shares DUST, the other the standard 100 shares.
     
    marsman and 1245 like this.
  3. marsman

    marsman

    So, then the data of 2 different products have been screwed/mixed up at finance.google.com... :-(
     
  4. The option chain on IB only has strikes down to 5. Not sure where those lower strikes are from.
    I checked the CBOE chain and it looks very much like what you posted. Weird.
     
  5. FSU

    FSU

    Yup. On my system they are separated. .50 - 3.5 strikes are the smaller contract strikes.
     
  6. FSU

    FSU

    The symbol for the different strikes is Dust1 on my system, but all appear in the DUST master quote.
     
  7. OptionGuru

    OptionGuru

    DUST1 strikes 0.50 to 3.50.
    DUST strikes 5.00 and above.



    [​IMG]


    Data from BMO Investorline



    :)