stock777 Posted January 17, 2019 Report Share Posted January 17, 2019 just looked at the straddle bid/ask in the options chain looks screwy to me Quote Link to comment Share on other sites More sharing options...
Mike Medved Posted January 17, 2019 Report Share Posted January 17, 2019 Current logic: AAPL, Expiration Jan 18 Strike 155. Call: bid 0.77 ask 0.80 Put: bid 1.43 ask 1.47 Straddle bid: 2.24 ask 2.23 Straddle bid = call bid + put ask Straddle ask = call ask + put bid ================================== You're right, it may be incorrect. Straddle bid means selling a straddle, which means selling both a call and a put option? It should be call bid + put bid, since that is what you would need to pay to sell both right now. Conversely, the straddle ask would mean buying the straddle, which would be at ask on both sides. Is that correct? Quote Link to comment Share on other sites More sharing options...
stock777 Posted January 17, 2019 Author Report Share Posted January 17, 2019 Yeah, I'm pretty sure this is correct. Bid+Bid / Ask+Ask Guess not too many MT users using that feature 😊 Quote Link to comment Share on other sites More sharing options...
Mike Medved Posted January 17, 2019 Report Share Posted January 17, 2019 Will change. Quote Link to comment Share on other sites More sharing options...
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