I have never heard the term qtrly options for stocks. Have only heard that term in relation to futures which are qtrly.
Looking at the two different options again, I see that the SPY7 option only has a multiplier of 10, not 100. Looks like maybe that is what you bought by mistake. No clue where this option came from, never heard of it before.
Trade the Charts and not the Heart - Expect the trend to continue until it doesn't - Realtime is the real deal
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