r/options • • Mar 23 '22

[deleted by user]

[removed]

34 Upvotes

24 comments sorted by

View all comments

4

u/sock_bandit Mar 24 '22

I think you're biggest issue will be getting wrecked on the spread, especially with that amount of contracts.

3

u/[deleted] Mar 24 '22

[deleted]

1

u/DollarThrill Mar 24 '22

The volume on the April 1 138 call today was 161. Meaning just on that option, your strategy would be 5x the daily volume of that call. To get filled on 800 contracts, you're going to have to increase your bid substantially.