Just discovered the thread. Since it is long (13,000+), can someone point me to interesting rules, policies, modeling, summaries, pithy tutorials, mechanics and such?
I'm interesting in introductory information, answers to simple questions, like: if you write calls, what are the market dynamics for producing a buyer, and what are the obligations of the clearing corporation? I've looked at CBOE introductory stuff in the past, but long since forgotten...
I've sometimes looked at CBOE option quotations, and seen remarkable discontinuities in certain options, which do not seem to track the pricing of the surrounding, similarly priced options. For me, there is much to learn...
Thanks.
George |