Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: USD Weekly/Lee/Hal/Ronbo
In Response To: Re: USD Weekly/Lee/Hal ()

Hi Ronbo,
What months and strikes are you looking at for SI Puts ???

I did a quick look earlier today then just came back to it.

I found little "open interest" until you get to Dec. SIZ11.

THEN .... things get interesting !!!!

OK, 214 days to expiration, SI closed at 46.081 (siz11 last)

A lowly way OOM put for an 18P is going for $285 today !

A 45put is going for a "mere" $23,545 today !!

I am clearly "no expert" in options, but "my take is" someone paid $285 for the "honor of owning" that Dec. 18Put !!

I certainly don't know the "ins and outs" of this, but something is telling me that there are those out there that are betting "more than pennies" on SI re-visiting $10 before it visits $100 !!!!

Lee

Messages In This Thread

Re: USD Weekly/Lee/Hal/Ronbo