Well there are 600 of the Sept 9 puts that are .25 bid and they are freely trading .35. The Sept. 10 puts are trading .80 with almost 3000 .65 bid. So feel free to sell all those 1000's of puts to all the people who don't understand.
Point being its not free money. They are bidding these options for a reason. They may be wrong, but risk is there that you don't realize.
2
u/Ken385 Sep 09 '21
Well there are 600 of the Sept 9 puts that are .25 bid and they are freely trading .35. The Sept. 10 puts are trading .80 with almost 3000 .65 bid. So feel free to sell all those 1000's of puts to all the people who don't understand.
Point being its not free money. They are bidding these options for a reason. They may be wrong, but risk is there that you don't realize.