What to do with very large option spreads?

Just go ahead and cross the spread... it's the easiest money you'll ever make. Like taking candy from a baby
(T.N.T()--✹

 

It's funny that the increase in the number of options exchanges is supposed to increase competition and liquidity thus resulting in better price and execution quality for us retail traders and yet it still results in a reduction in liquidity because all of the options exchanges are fragmented.

 

that improves liquidity because like kind hedges are more precise.

 

Another writing style of destriero, which makes me wonder if it is a pattern that option expert could not talk in layman words.

 

if you use up down up down left right left right b a start you can get the spread cut in 1/2.

 

What does it mean?

 

It's an ironic gaming thing.

I had to Google it lol

The d-pad is a gaming controller, like playstation gamebox etc...
The up forward etc instructions, are tricks you can use in the game... To defeat the monster!

 

But the stock you mention has one of the lowest IVs in the whole market. The put is worth exactly intrinsic (as you probably know anyway)...

 

It’s just as wide. It’s a merger name.

 

No it's not a pattern of option experts. LOL They write like that because:

1) They are NOT option experts.

AND

2) They want to sound like experts to I dunno impress us retail traders? LOL