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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: KFE who wrote (1630)8/28/2000 10:13:11 AM
From: jjs_ynot  Read Replies (1) | Respond to of 2317
 
Ken,

>>> If things have not changed the CBOE and Pacific have a market maker based system and the order book official cannot trade for this own account. IMO a better system. <<<

I agree. The order book keeper should be separate from the traders.

The reason I ask about skew size is that on some occasions, I have found OTM options trading larger than my estimate of pricing and IV by a factor of 3 to 5.

Regards,

Dave