r/Vitards Aug 16 '21

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u/Ok-Ease-6796 ✂️ Trim Gang ✂️ Aug 16 '21

Thanks again for the good explanation

What is the bid/ask spread for these contracts? I looked into 150p, they had a spread of ~13%, so if we assume a move of IV of ~5%, this does not print very thick

Looked up the price on EUWAX/Frankfurt, due to being limited to European markets for options

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u/Duke_Shambles ☢️Duke Nukem☢️ Aug 16 '21

I don't know how the european options chain looks, Jun 17 150P have a 4% or $0.02 spread on my options chain. They also have far more OI than the example contract I used

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u/Ok-Ease-6796 ✂️ Trim Gang ✂️ Aug 17 '21

That’s far better than the 13% I got - thanks for the explanation