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modest Narwhal_1005 : Ubrl is skyrocketing
10baggerbamm OP modest Narwhal_1005 : what is urbl?
modest Narwhal_1005 10baggerbamm OP : the graniteshares 2x bull uber. has options $GRANITESHARES 2X LONG UBER DAILY ETF (UBRL.US)$
10baggerbamm OP modest Narwhal_1005 : got it... I looked at it they have call options that are dirt cheap there's a huge spread between the bid and the offer. it's probably better than buying the stock Uber options or buying the stock.
if you look at the option chain for the 2x ETF you'll see number one there's no open interest no one's buying out of the money call options on Uber through this ETF.
number two you look at the spread for a 17 July and it's like 2.20 bid $5 ask.
so you want to put your order to buy a nickel above the current bid and you're going to have to run it like good till cancel and just keep an eye on it everyday to see if you're getting filled any contracts because that spread is too large to pay the offer
if you look at the option chain for the 2x ETF you'll see number one there's no open interest no one's buying out of the money call options on Uber through this ETF.
number two you look at the spread for a 17 July and it's like 2.20 bid $5 ask.
so you want to put your order to buy a nickel above the current bid and you're going to have to run it like good till cancel and just keep an eye on it everyday to see if you're getting filled any contracts because that spread is too large to pay the offer