There legit was a greater than 6.5c spread on the days it ran hard. I think it got to 6.9 or 7. The market corrected quite quickly but it certainly existed. Tragically, given the amount of time it takes to exercise the options it would only be possible to take advantage of that arbitrage by shorting.
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There legit was a greater than 6.5c spread on the days it ran...
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