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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: bazooka who wrote (3989)12/18/1998 5:03:00 PM
From: sandbag  Read Replies (1) | Respond to of 4969
 
bazooka,

If I may step in here on Steve's behalf, the prices that you are looking at are the last sale prices.
They look off because the 50 calls did not trade
To get an accurate price on the options you should look at the bid/ask on each option.
In this case, you will see it is much different than what you have listed.

If you don't have a place to check, a good place is at CBOE.
cboe.pcquote.com
There you will also see the last sale price when listing the option chains, but you can click on the particular option to get a delayed bid/ask quote.

Hope this helps.
Barry



To: bazooka who wrote (3989)12/18/1998 10:02:00 PM
From: steve goldman  Respond to of 4969
 
RE: THe options. Please present the bids/asks etc. and exact options and then i can give you an answer.
about liquidity...the market maker in the option (that is what the person responsible on exchange floor for maintain this market) is responsible for maintaining bids/offers of certain size...on most exchanges it lots of 10 contracts.

Regards,
Steve@yamner.com