SPX 8.33% 1.1¢ spenda limited

It's just the beginning for Spenda!, page-212

  1. 1,062 Posts.
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    For 17 months to go (July 23, right?), and price 20% away from strike, you may get to $0.01 price for the call with a 50% vol. To get $0.018, you need something like 130%. It's just a number, it does not mean much in the context of an illiquid stock/jumpy stock. Difficult to say if they are fairly valued. If I was a market maker, I wouldn't want to offer them where I could be under water on a hear beat upon a positive news. And I wouldn't buy them just to see the intrinsic value collapse. I guess I am saying the bid offer should be so much wider. $0.005 - $0.025. Yeah, I wouldn't trade much, I know... It's really just a leverage play on a good news.
 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $50.63M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $21.01K 1.910M

Buyers (Bids)

No. Vol. Price($)
2 1052541 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 13695064 16
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Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
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