Well if you own a put, the open interest can't be zero!
put - no volume
- Thread starter Tal priel
- Start date
So clearly that data source is in error, no?
Look at the offer price of the stock itself (not the last) This is the price whoever buys your put will have to pay for the stock to hedge their position. Are you trying to sell the put under the intrinsic (and by how much) price based on the offer price of the stock?
Also, what is the stock and option? Is it possible that this is an adjusted option that doesn't deliver 100 shares?
I'd re-emphasize to the OP that if you gave us the ticker and the option you're holding it will only help things, there's nothing gained by keeping it a big secret. Seriously, if you let everyone know what option exactly you're talking about at least one of us will go put something on the tape you can hit if you're somehow uncomfortable putting in your own limit order.
What strike and which series?
I see activity, but you have not disclosed which PUT option you claim to hold. Are you trying to sell a different option than the one you hold?
I see activity, but you have not disclosed which PUT option you claim to hold. Are you trying to sell a different option than the one you hold?
If it's directional and not call skew motivated, one option would be to sell an ITM Call at a strike where you think the stock will end up. ATM liquidity and thus spread will be better + time decay is highest atm
a market maker will take it if you offer below intrinsic value. They will buy it and hedge immediately. You should be able to be filled for less than .05 under intrinsic. Just let it sit a while.