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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (64034)	6/29/2022 3:28:03 PM
From: ajtj99	2 Recommendations Recommended By Lee Lichterman III LoveAG Read Replies (1) \| Respond to of 97535

Yeah, trading naked options can shoot your nerves, blood pressure, and even cause your nipples to invert! I remember I had some options I bought the day before 9-11, and they were frozen for the rest of the week because the market was closed. It was just a $17 stock, but when it opened for trading, the bid/ask spread was like $1 on the front month options at the money! I saw bid/ask spreads that morning that were beyond ridiculous and not seen since. By 10:30am or so, the volatility cooled down on the options.