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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Bridge Player who wrote (1834)1/26/2017 3:43:59 PM
From: Bridge Player  Read Replies (1) | Respond to of 2591
 
Weird option pricing.

I recently sold a weekly put on TEVA, expiring tomorrow 1/27, 33 strike. Well out of the money now with TEVA at 33.88 as I write.

Strange pricing. With 17 minutes left in today (Thurs) trading day, the Jan 27th 33 put (expiring tomorrow) and almost a buck out of the money, trades at .28 bid.

The Jan 27th 34 call, trades at .52 bid.

Somebody expecting a big move in TEVA tomorrow.

They are supposed to report earnings on Feb. 13.