Why is this option bid so high?

Discussion in 'Options' started by misterkel, Jun 10, 2020.

  1. Yeah, I wouldn't sell a naked call on it. Yikes! But a CC looks pretty good. It's priced a little better than the naked put.
    It just doesn't make sense for an MM to bid more than 50% of the stock price.
    It's a Jan. expiry, so...
     
    #11     Jun 10, 2020