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Yes, thanks for the replies. Is the Natenberg book good for this type of stuff? I'd like to learn a lot about options pricing and matters such as this.

So, I'm new to options but not to stocks, and I was just looking at the relationship between puts and calls. In the average market, all other things being equal, I would expect a $5 OTM call to be priced slightly higher than a $5 OTM put (as the market has had the tendency to move upwards over...