SPX option quotes are all over the place!

Discussion in 'Options' started by cesfx, Apr 7, 2025.

  1. cesfx

    cesfx

    I am looking at some crazy quotes on spx options, 1 week, 3 weeks... bid and ask is mental.
     
    spy likes this.
  2. cesfx

    cesfx

    Can bid/ask liquidity cause a margin call on a defined risk trade like a narrow vertical?

    I have seen bid going to 0 whilst the ask was showing 220... 7dte atm
     
  3. mervyn

    mervyn

    yes, the spreads are everywhere, even the middle can’t get a fill, had to be near the bid.
     
    spy likes this.
  4. spy

    spy

    certainly glad I bought all my protective puts before this little tempest appeared :D
     
  5. 2rosy

    2rosy

    but can you exit?
     
  6. spy

    spy

    easier to exercise them imho
     
  7. fake news..market manipulation..these all happen when the market is BROKEN
     
  8. mervyn

    mervyn

    you will holding odorless excrement even assembled
     
  9. spy

    spy

    iirc, exercising a put means the other person is obligated to hold the excrement :rolleyes:
     
  10. mervyn

    mervyn

    and you pay the money to smell? cow or human’s
     
    #10     Apr 7, 2025