Why do we have to crash???

Discussion in 'Trading' started by spinn, Mar 1, 2007.

  1. Can anyone confirm that the march 129 SPY puts are at .55/.65 and higher than the 130 (and 131 by midpoint)? It seems very strange.. The price alone seems really high, what could be the explanation? The index would have to fall more than a half of a percent each day from monday till expiration for the contract to be in the money. 0.65 sounds really expensive for that.
     
    #21     Mar 2, 2007