Amarin Corp Plc (AMRN)

[bblack]

July 10 options

Will, the options have no open interest because they probably should not exist in the first place.

Do you really need additional leverage provided by options for a $2 stock? The stock itself is basically a long-dated option.

And...because of lack of interest, the bid / offer spread is so wide that it basically provides no liquidity or value, which also drives investors into the stock instead of the option.

There is nothing else here imho...spread are very high for many options these days but they're worse for weekly options.

No one should be trading the July 10's...they're better off with the stock. That's why there is no open interest.