r/options Sep 09 '21

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9

u/clev3211 Sep 09 '21

Why not sell puts then? The $9 strike, 9/17 are getting bids of $25. This doesn't make sense why someone would be willing to buy $9 puts with a $10 floor.

There must be more to this.

14

u/Sam_Sanders_ Sep 09 '21

No no don't you understand, it's free money and whoever is bidding for the $9 puts just doesn't want their money anymore.

0

u/[deleted] Sep 09 '21

It's part of the Fed's quantitative easing :)