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.
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
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 Remember to claim @.nameless @Jiefund
$MSTX 20250411 34.0 PUT$ 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
$NVAX 20250328 7.0 PUT$ 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
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!
$MSTX 20250404 32.0 PUT$ 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.
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) 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! @.nameless @Jiefund @BABAMood @Shyon