I understand the pricing of options in the moment, what is not possible is predicting the pricing of that specific option when SPY reaches a specific level when it may be a few days or more before it gets there. I follow ES Futures to derive trades elsewhere and trade them as well, but for...
Asking a follow up question to this thread - is there a broker or software that can update your Buy/Sell order for an option strike to mid-spread point at the time when the underlying price reaches a predetermined level?
Just an Example:
- SPY currently trading at 282.50
- Enter Buy to Open Put...