So I’ve been looking at spread hacker, and the probabilities seem to good to be true. such as a 90% chance of a 400% gain. That can’t be right, or am i wrong.
I tried placing a trade (verticle spread), on JDST, and the mark on spread hacker said .85 for the put I was selling, and therefore the order went in as a limit to sell at .85 ($99 calls). when I checked out the option chain, the bid was more like .10. I could have this entirely wrong as I am new to options, essentially what I’m…
So I’ve been looking at spread hacker, and the probabilities seem to good to be true. such as a 90% chance of a 400% gain. That can’t be right, or am i wrong.
I tried placing a trade (verticle spread), on JDST, and the mark on spread hacker said .85 for the put I was selling, and therefore the order went in as a limit to sell at .85 ($99 calls). when I checked out the option chain, the bid was more like .10. I could have this entirely wrong as I am new to options, essentially what I’m…