Re: the option post a few days ago:
You have every ability to make the market just like a mm in the option (in listed stocks, exchange members cover STOCKS are specialists, in options they are called MM (market makers).
If an option is quotes 1/2 to 7/8, and you thinks its worth it, go ahead and bid 5/8, bid 3/4....if you think 7/8 is too much, go ahead and OFFEr it at 3/4.
There are NO barriers to entry except commission costs. If you are saying that you think it is unfair that someone is asking 7/8 for the option, and you want it at 3/4 but you yourself wouldnt be willing to offer it at 3/4, then you simply want someone to bend for you.
If you walkinto any negotiation deal, a fair price is a price at which either party would take the other side.
7/8 is thebest offer, take it or leave it. or bid 3.4 and if 7/8 is unreasonable, offer options at 7/8 and when the stock pops 2 points and the options you sold at 7/8 are now 2, you wont behappy.
In options quotes is reflected the potential for the disaster.
Regards,
Steve@yamner.com |
