Canadian currency...About a 2.3% dividend. So this expired on Friday...A covered call at $72. This is very minor...Don't read if it bores you or doesn't apply. So I wish to option this again (Roth IRA...Just 100 shares) for income. I look at the Dec 24 $72. I see Ask $2.70 with no Bid. Hardly anything trades on this option...I get it. I can be as patient as I want to be with this...Just losing future money for the time decay. I bought this to protect against super inflation, but at this time, I don't see it coming...So work on cash flow. Should I start out with my price and drop (10 cents) every 10 minutes, 30 minute, 1 hour, 1/2 a day, each day?? What are the changes that human eyeballs will see this?? I will try to put it on an exchange for the human eyeballs. What percent does the eyeball factor come into play with thinly traded options?? Thanks...
Sept has quite a bit more OI so I'd try to sell a call there. Bid/ask isn't much better but probably a better chance of getting a fill IMO as the market maker (if short the existing calls) may be more willing to pass the call onto you.
human eyeball? is there bid/offer posted? penny the side you want and see what happens. the other side to this a computer program making markets on thousands of other things
Don't try this at home. Set up 2 trading accounts. Account A - enter buy order. Account B - enter sell order. Then Account A - enter sell order. Account B - enter buy order. You might be interested in trading these futures as it has zero volume. MSCI Australia NTR index MSCI NewZealand NTR index msci Vietnam NTR index msci EM asia index MSCI pacific NTR return MSCI india index msci emerging market asia msci emerging markets eur etc etc etc There are thousands of products with zero volume.