QQQ options VERY expensive

F

ForexForex

Wow ..... The premiums on the QQQ August 05 options are expensive, a QQQ strangle will cost $242.00, last Friday a QQQ July 29 strangle was about $78.00.

This is obviously because of the debt limit deadline.
 
Breaking News: House passes GOP bill to raise the debt ceiling


Now those premiums should crash on Monday. The QQQ August 05 strangle should be about $78.00 on Monday, Tuesday for sure.
 
Quote from drukes1234:

You do realize the house vote means NOTHING, right?
More...

Breaking News: "House of Representatives" to be renamed into "House of Clowns"


>>The measure passed on a 218-210 vote on Friday night.
The GOP plan was certain to be dead on arrival in the Democratic-run Senate, which was moving to take up its own, Democratic-authored plan this weekend.
 
(Reuters) - The Democratic-controlled Senate on Friday defeated a bill to raise the debt limit by a vote of 59 to 41 that had passed the Republican-controlled House of Representatives earlier in the day.


that was quick! the process has begun to speed up. there is still time to bounce a couple of bills between the House and the Senate. the dumbasses will make sure nothing is finished until Monday evening.
 
Quote from syswizard:

QQQ Aug 58 puts 2.55
QQQ Aug 58 calls 1.36

That's what I call skew !
More...

That's what I call the wrong price for the put. It looks like you used the price for the 60P.
 
Quote from shortie:the dumbasses will make sure nothing is finished until Monday evening. [/B]
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That's a hopeful outcome. Mark my words: they won't make it.
 
Quote from syswizard:

QQQ Aug 58 puts 2.55
QQQ Aug 58 calls 1.36

That's what I call skew !
More...
ToS Quotes 14:39 SUN
QQQ AUG 11 58 PUT 1.35 (Mark)
QQQ AUG 11 58 CALL 1.415 (Mark)
 
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