looking for option strategy, page-4

Ive tracked ImpVola levels on puts and calls for long streches. IV levels are rarely the same Geffa, as MMs have a bias towards one side or the other, depending on their view.

With QAN, the spread is unusally wide. A spread of 15%-20%, or even 30%-40% is normal, but this wide of a spread screams opportunity. Either the puts are overpriced, or the calls are underpriced, (or both) depending on what you think of the stock. With neutral strategies, we look for a play that will expliot the differences in fair value, without taking too much of a view on where the stock is going to go.