>> I was thinking about your comment on options from the other day...
Yeah, me too, and I'm not so sure either. I was thinking of
the proliferation of options for securities with options
(e.g., I follow CPQ, which has several pages of options in
a web listing). But of course a minuscule proportion
of securities actually have options of any kind (much less
the proliferation of CPQ).
As to sparse, I was referring to liquidity. A much higher
percentage of listed options don't trade in any one day
than listed securities (not BBs). In retrospect, that
should make the problem easier rather than harder, now
that I think further about it.
As to not as reliable, I was drawing an inference from
option quotes I get. They are "unreliable" (a poor choice
of word, I'm afraid) because the Last price doesn't reflect
the market frequently, due to the lack of liquidity. So
you MUST look at the spread and the bid/ask volume to get
any reliable figures. I'm not impressed by 3/16 x 7/16 0x0.
Or rather, I'm impressed, but not favorably.
But I believe in retrospect I was, well, er, um, full of it.
This is a function of the market (now that I think about it).
I would really be interested in options prices myself,
and I would be willing to pay a premium to get them.
I also took a look at Primate from your comment. I'd
personally be interested (at least for a while) in more
than twenty days' data for options. It's my experience
(relatively shallow) that options, like stock, each have
their own "personality" which tends to fall into patterns
over time.
Well, enough. In short, I think you have a point and I
would be a customer. I hope they do it.
Regards,
Spots |
