I'm probably missing something here, I just don't know what. Can someone just buy BAC options at a strike of 4 and bid of 0.97 and short them for 5 or so?
http://in.finance.yahoo.com/q/op?s=BAC&m=2011-12-23
http://www.marketwatch.com/investing/stock/bac
Or does this sort of situation happen frequently?
http://in.finance.yahoo.com/q/op?s=BAC&m=2011-12-23
http://www.marketwatch.com/investing/stock/bac
Or does this sort of situation happen frequently?