07-12-2021, 09:53 PM
I will speculate that the remaining open interest in ALE puts is MM options to offset some calls. You may have been the only one to have been trading unhedged naked puts in ALE?
YOU probably couldn't buy them back for $1.00 but THEY can.
I know you like these oddball low liquidity trades for the high premium but it really goes against most option trading strategies that stress liquidity first and foremost.
YOU probably couldn't buy them back for $1.00 but THEY can.
I know you like these oddball low liquidity trades for the high premium but it really goes against most option trading strategies that stress liquidity first and foremost.