Michane
Michane
It's ok to fall, just come back stronger 📈
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avatarMichane
04:25

How to calculate bid-ask spread is more than 20% of options price (Eg. $0.14 per share)

1. Manual Calculation Framework: Bid-Ask Spread % = [(Ask - Bid) / Mid-Price] × 100 Example: If Bid = $0.08, Ask = $0.11 → Mid = $0.095 → Spread = 31.6% ($0.03 / $0.095). Your entry price ($0.14) vs. current mid-price determines your unrealized P&L. 2. Actionable Advice Check Liquidity: Low open interest (e.g., < 50 contracts) implies high slippage risk. Roll Options: If spread >20%, consider rolling to a higher-liquidity strike/expiry. Limit Orders: Place orders near mid-price to avoid unfavorable fills. Critical Note: Options with wide spreads (>20%) often reflect low trader confidence or impending volatility. Verify the stock price trend and news catalysts before adjusting positions. Disclaimer: This analysis assumes hypothetical bid-ask values due to data limitations.
How to calculate bid-ask spread is more than 20% of options price (Eg. $0.14 per share)
avatarMichane
04-01 17:52
Be prepared
@Tiger_Academy:How Tariffs Are Reshaping Wall Street: What Analysts Are Saying
avatarMichane
04-01 16:45
$NVAX 20250411 7.5 PUT$   Great, it's finally closed after jumpy ride from all the uncertainty.  Soon, I can focus on accumulating more shares[Yummy] 
avatarMichane
04-01 11:43

NVAX holders - watch closely on virus rumour in Russia

Consult AI if need more help! Here's AI analysis for my trade: Analysis of NVAX Put Position (Strike 7.50, Expiry April 11): Key Data Insights (as of April 1, 2025): Implied Volatility (IV) : 103.96% IV/HV Ratio: 1.96 (IV is nearly double historical volatility). IV Percentile: 35.86% (IV is higher than ~36% of levels observed in the past year). Your Reported IV: 85.32% (discrepancy suggests potential timing differences in data sources). Market Sentiment: Call/Put Ratio : 2.71 (bullish bias in options activity). Bulk Orders: Large buy orders for July 2025 $11 calls and sell orders for January 2026 $20 calls dominate liquidity. Critical Factors for Your Put Position: 1. Break-Even at $6.41 : To profit, NVAX must close below $6.41 by April 11 (ignoring IV changes). Current Stock Price: Not pr
NVAX holders - watch closely on virus rumour in Russia
avatarMichane
03-31 17:45
Is March the toughest month to trade.. I guess it is but we've got these vouchers as motivation as we move on to the 2nd season of "Trade to win"!  Good job GO2025 [Applaud]  Remember to claim @.nameless  @Jiefund  
avatarMichane
03-31 15:26
$NVAX 20250411 7.5 PUT$ Using USD 300+ premium from MSTX sell CALL to grab this PUT, while NVAX stock is dipping[Anger]  
avatarMichane
03-31 15:23
$MSTX 20250425 34.0 CALL$   Selling covered CALL for [USD]  
avatarMichane
03-31 15:16
$CELH 20250620 25.0 PUT$   Sharing for coins weekly
avatarMichane
03-28
$MSTX 20250404 32.0 PUT$   Shall leave this to be assigned[Happy]  
avatarMichane
03-28
$MSTX 20250411 34.0 PUT$   Followed AI's strategy to monitor IV above 160% can close this buy PUT. It hit within tonight, hence this was closed as well for premiums [Smile]  
avatarMichane
03-28
$NVAX 20250328 7.0 PUT$   Closed my sell PUTS at a minimal loss as I rather not get shares assigned but to buy directly from the market at a cheaper price [LOL]  
avatarMichane
03-28
$NVAX 20250404 8.0 PUT$   Ended up closing my Nvax buy PUT way before expiry to lock in premiums.
avatarMichane
03-28
So admirable to notice those big traders opening 10, 20 lots per trade almost daily.. how I wish I could get my profile up to min. 100K so I can trade the same way!
avatarMichane
03-28
$MSTX 20250404 32.0 PUT$   Another sell PUT trade that most likely will get assigned (now it's already deep ITM: In-the-money) Quickly buy PUT to gain some intrinsic premiums. $MSTX 20250411 34.0 PUT$   After assigned my 2x lots will sell CALL to play along & make the most out of it.
avatarMichane
03-28
$CELH 20250620 25.0 PUT$   Really profitable trade[USD]  
avatarMichane
03-28
Really learning quite alot from Tiger deepseek AI
avatarMichane
03-28
Making full use of TigerGPT, deepseek AI. 
avatarMichane
03-28
$NVAX 20250328 7.0 PUT$   I might be assigned 15 lots today which is gd[Victory]   Can close & profit either with $NVAX 20250404 8.0 PUT$ or with sell CALL later
avatarMichane
03-28
Join this easy game for coins! @Jiefund  @.nameless  @LWKJKK  @LuckyJiajia  @Shyon  @AliceSam  
@TigerEvents:[Events] If the Stock Market Were a Type of Weather, What Would It Be? ☀️🌧🌪
avatarMichane
03-28
It is like Singapore's weather! Some days sunny (market is bright & rally up), some days cloudy (market consolidation, neither here nor there), other days rainy (market falls). And on some rainy days, it don't just rain, the clouds downpour (market having diarrhea) [LOL] so remember your "umbrella" / " raincoat" - your shelter from the "rain" (your stop loss for trade) aka your protection or don't leave house (don't touch the market) unless necessary on stormy days!  [Tongue] @.nameless @Jiefund @BABAMood @Shyon

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