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re: How to get short when shorting is illegal?
Posted on 9/19/08 at 11:55 am to ArkansasDon
Posted on 9/19/08 at 11:55 am to ArkansasDon
I haven't looked since then, but at the time it meant that the Jan 09 25 put could be bought for $x, but could be sold for $(x-2). Essentially, if you bought 1 contract, the underlying didn't move at all, and you decided to sell, you'd be losing $200, or about 30% on that particular contract.
Posted on 9/19/08 at 11:58 am to Colonel Hapablap
Oh, OK, I got confused I didn't know you mean a bid/ask spread I thought you meant an actual option spread.
Why is it that high?
Why is it that high?
This post was edited on 9/19/08 at 11:59 am
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