Check to see if there have been any corporate actions, cash dividends, etc.
Maybe its 100 shares PLUS 26 dollars in cash for a deliverable contract in assignment.
Stay away from those options. They're usually more illiquid and harder to price.
Bill
Hi John,
Perhaps you can help. I went to Yahoo and looked up the symbols for a January 2010 call on Transocean (RIG).
I found the following symbols and prices.
RIGAP $3.72
YHOAP $0.09
YOBAP $9.65
Do you know what causes the great difference in prices between the three options, all supposedly call options with an $80 strike price all on the same company?
Dan (dan2fl)
From: ConservativeOptionS
Sent: Wednesday, December 09, 2009 10:09 AM
To: ConservativeOptionS
Subject: [ConservativeOption
| Had to brag -- but only of the blog -- Transocean is a great company BTO VOIAM RIG Jan 11 65 @ $21.40 STO YOBAP RIG Jan 10 80 @ $9.50 for a 39 day yield if it works, may be my best ever 44.2% in 39 days John |
No comments:
Post a Comment