In the money questiom

[murray t turtle]

Wonder why the ITM symbol DIWSW [IWM JULY 62.5 put ]lost so much in % ;
even alowing for a 2 for 1 split between June 8 & JUNE 9, and it is still slightly ITM as of fridays close???

Calls did better;
splits are figured that bullish???

 

[mlipsky]

you're saying that the put and call for the same strike responded differently to the split? if so, then put/call parity has broken down, which is a $ making opportunity except in the case of dividends.

 

[murray t turtle]

Quote from mlipsky:

you're saying that the put and call for the same strike responded differently to the split? if so, then put/call parity has broken down, which is a $ making opportunity except in the case of dividends.

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MlpSKY;

Yes , not only differently but huge % difference;
1888options.com
mentioned ''adjusted options''


For sure they adjusted those premiums !! ;
underling didnt even move much mourning of split.