NMX Options

Discussion in 'Options' started by xyannix, Jan 2, 2007.

  1. xyannix


    What does the option picture for NMX tell you and what is a limited risk strategy for an option picture like NMX? I know I call sell the puts but i usually prefer verticals spreads so my risk is defined.

    I personally dont have a strong feeling up or down on the stock but I am more looking at what spread strategy does someone use in a situation like this.

    The puts have an IV of 38 and the calls have an iv of 29 in Jan. A difference of 11.

    Then going into feb it is 37 for the calls and 50 for the puts.

    Thanks for your help. (yes I am new to options trading)