In the money questiom

Discussion in 'Options' started by murray t turtle, Jun 11, 2005.

  1. Wonder why the ITM symbol DIWSW [IWM JULY 62.5 put ]lost so much in % ;
    even alowing for a 2 for 1 split between June 8 & JUNE 9, and it is still slightly ITM as of fridays close???

    Calls did better;
    splits are figured that bullish???
     
  2. mlipsky

    mlipsky

    you're saying that the put and call for the same strike responded differently to the split? if so, then put/call parity has broken down, which is a $ making opportunity except in the case of dividends.
     
  3. =======
    MlpSKY;

    Yes , not only differently but huge % difference;
    1888options.com
    mentioned ''adjusted options''


    For sure they adjusted those premiums !!:D ;
    underling didnt even move much mourning of split.