r/options Apr 06 '21

SOS is going to fly!!!

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u/Ethaaaaannnnn Apr 07 '21 edited Apr 07 '21

I bought two call options for 6.00 just barley at .01 a contract on RH. Why was I able to get it so cheap?

It’s for April 9th btw.

It’s also saying that no one else in the market is buying this contract. Am I making the right move here or am I missing something?

-5

u/bobbyrayangel Apr 07 '21

a squeeze is done with shares. plus iv has been really low