Amazing trading today.
1000 contract DEC 4900 put options went through behind the door, at unbeliverable price:
$5.48!!!
I have no idea!
You can get DEC 5000 put at worst $4!!!
Imaging you can sell 1000 DEC4900, and buy 1000 DEC5000put, you could easily collect miminium $1.48million dollars completely risk free!!!
What is going on? Mistake or steal money from their clients? I am not sure why there is such a big loophole? Can ASX/ASIC do something about it?
As I am writing, another 1000 contract went through, and at $4.49!!!
worrying wednesday, page-87
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