Trading status of FRC and SI

E

earth_imperator

FRC and SI belong to the troubled regional banks.
Trading seems to be halted (FRC since April 28, and SI since May 10, but there seem to be no news about that).
Any info about their current trading status?
I just bot some PACW Puts, hope it will not suddenly & silently stop trading like the above two.
 
earth_imperator said:
FRC and SI belong to the troubled regional banks.
Trading seems to be halted (FRC since April 28, and SI since May 10, but there seem to be no news about that).
Any info about their current trading status?
I just bot some PACW Puts, hope it will not suddenly & silently stop trading like the above two.
More...

FRC is trading under the symbol FRCB @ .41
SIVB is trading under the symbol SIVBQ @ .48
 
BKR88 said:
FRC is trading under the symbol FRCB @ .41
SIVB is trading under the symbol SIVBQ @ .48
More...
Thx.

On 2023-01-03 FRC was at about $120, today it's at $0.39.
How much in percent did a short seller of the stock make? Is it something like 30,768% profit?
I think there were multiple times a doubling of the profit. Was it 307 times? :) Hmm. nope, this must be the x-fold of the initial investment.

What about the performance of an ATM Put option bought on Jan 3 ?
This is the FRC options ATM strike 120 expiring 2023-05-19 as of 2023-01-03, from historic options data by ORATS:
Code: 
    {
      "ticker": "FRC",
      "tradeDate": "2023-01-03",
      "expirDate": "2023-05-19",
      "dte": 137,
      "strike": 120,
      "stockPrice": 121.45,
      "callVolume": 0,
      "callOpenInterest": 29,
      "callBidSize": 60,
      "callAskSize": 76,
      "putVolume": 0,
      "putOpenInterest": 136,
      "putBidSize": 43,
      "putAskSize": 13,
      "callBidPrice": 10.4,
      "callValue": 12.027072333850077,
      "callAskPrice": 13.4,
      "putBidPrice": 8.7,
      "putValue": 8.956558406635034,
      "putAskPrice": 9.2,
      "callBidIv": 0.3013905003678865,
      "callMidIv": 0.3536184110020467,
      "callAskIv": 0.405846321636207,
      "smvVol": 0.35804211810138786,
      "putBidIv": 0.3457918909364174,
      "putMidIv": 0.35448126281670556,
      "putAskIv": 0.3631706346969938,
      "residualRate": -0.0019127727722359367,
      "delta": 0.5877380472984575,
      "gamma": 0.014635510561568359,
      "theta": -0.043668632643070644,
      "vega": 0.28725975535454085,
      "rho": 0.22108993184828485,
      "phi": -0.26589260720902513,
      "driftlessTheta": -0.037752745172851945,
      "extSmvVol": 0.37849529639719054,
      "extCallValue": 12.614717422816847,
      "extPutValue": 9.640739291548607,
      "spotPrice": 121.45,
      "quoteDate": "2023-01-03T20:46:00Z",
      "updatedAt": "2023-01-03T20:46:00Z",
      "expiryTod": "pm"
    },

Let's say a MidPrice of $8.95 for Put.

I couldn't get the prices of 2023-05-12 from ORATS (gives a permanent error).
But according to YahooFinance it was this:
FRCB230519P00120000 2023-04-28 3:18PM EDT 120.00 117.74 118.10 122.00 0.00 - - 90 0.00%

ie. Bid=118.10 Ask=122.00. Let's say a MidPrice of 120.05

This then makes a performance of 120.05 / 8.95 * 100 - 100 = 1241.34%
 
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earth_imperator said:
Thx.

On 2023-01-03 FRC was at about $120, today it's at $0.39.
How much in percent did a short seller of the stock make? Is it something like 30,768% profit?
I think there were multiple times a doubling of the profit. Was it 307 times? :) Hmm. nope, this must be the x-fold of the initial investment.

What about the performance of an ATM Put option bought on Jan 3 ?
This is the FRC options ATM strike 120 expiring 2023-05-19 as of 2023-01-03, from historic options data by ORATS:
Code: 
    {
      "ticker": "FRC",
      "tradeDate": "2023-01-03",
      "expirDate": "2023-05-19",
      "dte": 137,
      "strike": 120,
      "stockPrice": 121.45,
      "callVolume": 0,
      "callOpenInterest": 29,
      "callBidSize": 60,
      "callAskSize": 76,
      "putVolume": 0,
      "putOpenInterest": 136,
      "putBidSize": 43,
      "putAskSize": 13,
      "callBidPrice": 10.4,
      "callValue": 12.027072333850077,
      "callAskPrice": 13.4,
      "putBidPrice": 8.7,
      "putValue": 8.956558406635034,
      "putAskPrice": 9.2,
      "callBidIv": 0.3013905003678865,
      "callMidIv": 0.3536184110020467,
      "callAskIv": 0.405846321636207,
      "smvVol": 0.35804211810138786,
      "putBidIv": 0.3457918909364174,
      "putMidIv": 0.35448126281670556,
      "putAskIv": 0.3631706346969938,
      "residualRate": -0.0019127727722359367,
      "delta": 0.5877380472984575,
      "gamma": 0.014635510561568359,
      "theta": -0.043668632643070644,
      "vega": 0.28725975535454085,
      "rho": 0.22108993184828485,
      "phi": -0.26589260720902513,
      "driftlessTheta": -0.037752745172851945,
      "extSmvVol": 0.37849529639719054,
      "extCallValue": 12.614717422816847,
      "extPutValue": 9.640739291548607,
      "spotPrice": 121.45,
      "quoteDate": "2023-01-03T20:46:00Z",
      "updatedAt": "2023-01-03T20:46:00Z",
      "expiryTod": "pm"
    },

Let's say a MidPrice of $8.95 for Put.

I couldn't get the prices of 2023-05-12 from ORATS (gives a permanent error).
But according to YahooFinance it was this:
FRCB230519P00120000 2023-04-28 3:18PM EDT 120.00 117.74 118.10 122.00 0.00 - - 90 0.00%

ie. Bid=118.10 Ask=122.00. Let's say a MidPrice of 120.05

This then makes a performance of 120.05 / 8.95 * 100 - 100 = 1241.34%
More...

Options trading performance should be viewed from a $$ perspective & ignore the % ROI per trade.
Option traders that sell a service like to advertise the big % wins but don't tell you how much $$ they make/lose.
Show me the $$$$. The % is just for show.
 
BKR88 said:
Options trading performance should be viewed from a $$ perspective & ignore the % ROI per trade.
Option traders that sell a service like to advertise the big % wins but don't tell you how much $$ they make/lose.
Show me the $$$$. The % is just for show.
More...
All the data is there. It's about some "handy" numbers of contracts.
The % result suffices as it already tells everything important.
If one makes an investment, then one is mainly interested in the ROI%, much like with the interest rate (%) one (hopefully) gets from savings banks...
 
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Everything about margin and its maths with some useful examples:
https://thismatter.com/money/stocks/margin.htm

Now one can answer the following Q:
earth_imperator said:
On 2023-01-03 FRC was at about $120, today it's at $0.39.
How much in percent did a short seller of the stock make? Is it something like 30,768% profit?
More...

Let's assume the margin requirement was 30%. Meaning one only needed to have 30% of the $120 to be able to short the stock, ie. $36. Since the stock fell from $120 to $0.39, it's a difference of $119.61. And this makes 119.61 / 36 * 100 = 332.25% ROI.

The ROI% of the Put option (cf. previous posting) is much higher (1241.34%).
 
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