The bid ask spread on stock price itself is insane, let alone options. IV is like 200%, not worth buying naked puts and spreads have crazy bid ask gap. Suggest pass on this one
Jammer250 on
If you have $10k+ to burn and gamble on puts anywhere near ATM, sure.
amcya1976 on
Puts cost are crazy, no thank you
I_HopeThat_WasFart on
Market makers are obviously driving order flow away from this stock anyway they can
I’m not touching this one but there’s an obvious arbitrage somewhere to be had or a way to pick off the market maker
4 Comments
The bid ask spread on stock price itself is insane, let alone options. IV is like 200%, not worth buying naked puts and spreads have crazy bid ask gap. Suggest pass on this one
If you have $10k+ to burn and gamble on puts anywhere near ATM, sure.
Puts cost are crazy, no thank you
Market makers are obviously driving order flow away from this stock anyway they can
I’m not touching this one but there’s an obvious arbitrage somewhere to be had or a way to pick off the market maker