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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: KFE who wrote (2305)12/5/2003 6:42:05 AM
From: jjs_ynot   of 2317
 
For anyone with an Options Xpress Acct:

If you get a chance, send a note to OptionsXpress to tell them that their option pricer is wrong for options strike prices ending in .5, i.e. 2.5, 7.5, 12.5, etc

The calculator truncates the .5 and actually calculates for 2, 7, 12 etc. strike price. I have notified them , but so far no action. More people equals more urgency. I am not sure what other parts of their site are affected. It seems like it also affects the delta calculation in your portfolio.
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