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At expiration you'll get assigned on 100% no questions so long as they're in the money.

Donna the last trade in the stock also may have been 9.05 but the current market was higher or there may have only been 100 shares offered at around 9.05 and the next offer in the stock a lot higher. The bottom line is you're not going to find real executable conversions or reversals for...

LOL my bad yea 4 cent loser

Calls and puts in the same strike are the same exact option for all real purposes. So volume on one side being greater than the other is meaningless. That does not even take into account that you dont know what the volume is. Opening or closing buys or sells? Who initiated which side?

Sell the call and buy the put for an 18 cent credit to get synthetic short and then you would have to buy stock at 9.22 which is a 3 cent loser plus comissions

Most people are box monkey’s these days, they’re all part of a dispersion matrix which is managed by their higher ups. The MM’s simply either stream in their quotes electronically or the spit out the markets on their wireless box they hold and make no real decisions. Timber was at it early...

Grains, gold, crude, you're talking single listed options with wider spreads and you can still do extremely well. There is a catch! good luck breaking into one of those pits as a total noob. Could be months and months before you see any real order flow or longer. The real juice in something like...

We used to call those guys box monkeys. I even recall the time when Timber Hill's guys had those screens with the colored blocks mounted on the sides of pits which told their MM's the markets to be on. Do you really expect to walk into someone's office and ask a question like "hey are you...

I used to have a pretty specific routine, particularlly when I made markets in index options. I for the most part always traded with an axe and a game plan and I didnt let paper dictate the over all structure of the position I wanted. of course since you have an obligation to make a market in...

As a former MM, its not that there is any secret strategy, in fact most individual MM’s tend to manage their positions in their own personal style. The big difference is in these times there are not a whole lot of stand alone equity options market makers left. Most of todays MM’s are part of...

Any discount or premium in the futures vs cost to carry the stock long or short is going to be priced into the options too. You wont be able to create a synthetic long or short via options which will be priced any differently

Technincal analysis, pivots, and all others are nice tools but they're just tools they are by no means set in stone or dead reliable. You shouldbe happy if they're right 51% of the time on the long run

Dave does not take well to people correcting the wrong info he posts on his site

Just find it funny when people pose as something they are not and then start a web site

This guy cracks me up https://www.optiondave.com/

A lot depends on an issue which was not addressed, the underlying and the strikes. If you're trading one of the S and P derivative products the out of the money bear call spread is not that bad a position if you're a premium seller. Unless your strikes are spread very far apart, the...

LOL

Don’t take this the wrong way but you’re not the first to think about this sort of play. There is a very very fine line or window which can at times allow this to be a profitable strategy. The problem becomes one of theta vs. Vega. If you’re looking at the front month then the question is...

The SPY and the Q's are not indexes they're ETF's and the options markets in the front month are a penny or 2 wide except the really deep stuff.

I was not o on the floor in the 1970's but the PHLX started around the same time as the CBOE. I was only commenting on what happened in the late 80's to the 2000's. BOth of our observations are correct, and I am 100% sure there were no hand helds and liquid underlying for the equity options in...