Mike Hunt
OP
JustSurface
:
Volume doesn’t matter though because it’s tied to the components that make it up. It’s like SQQQ where the market maker just moved the bid and ask to reflect with the NASDAQ 100 is doing and then multiplies it that movement by three Times
Mike Hunt
OP
JustSurface
:
I just realize you were talking about volume on the option not on the ETF or at least I think you were and you are correct on that it’s very low volume
Mike Hunt
OP
JustSurface
:
Even though only 2 have been sold today, spread isn’t that bad. I’ve seen options that have no liquidity like this where it’s a way bigger spread
WallStreetYoda
:
we just struck gold here i bought for a month or so out when this recovery comes i cant even belive it fell like this i nean i get it but
JustSurface : love this ETF but volume sucks
Mike Hunt OP JustSurface : Volume doesn’t matter though because it’s tied to the components that make it up. It’s like SQQQ where the market maker just moved the bid and ask to reflect with the NASDAQ 100 is doing and then multiplies it that movement by three Times
JustSurface Mike Hunt OP : but don't those call options have to be picked up by someone not MM
Mike Hunt OP JustSurface : I just realize you were talking about volume on the option not on the ETF or at least I think you were and you are correct on that it’s very low volume
Mike Hunt OP JustSurface : Even though only 2 have been sold today, spread isn’t that bad. I’ve seen options that have no liquidity like this where it’s a way bigger spread
JustSurface Mike Hunt OP : still believe in the thesis, but nervous to trade illiquid instruments. make that money Mike!
Mike Hunt OP : Still holding
Mr Trecherous Mike Hunt OP :
mrbenje : Mike Nice Find
WallStreetYoda : we just struck gold here i bought for a month or so out when this recovery comes i cant even belive it fell like this i nean i get it but