U UVXY20 Mar 8, 2024 #1 Why is the delta 0.508 with minutes before expiration and the underlying at 111.240 and a 111.75 call trading at 1/64 (sometimes no bid) and 2/64? I would think it would be close to zero, no? Way out of the money, little time left.
Why is the delta 0.508 with minutes before expiration and the underlying at 111.240 and a 111.75 call trading at 1/64 (sometimes no bid) and 2/64? I would think it would be close to zero, no? Way out of the money, little time left.
