Replies to post #47049 on S&P 500 & Nasdaq Analysis and Trends

[Stock]

So, what does that tell you the bid should be? nice pretty picture!

[Stock]

CNMFX had a 1.35 bid at the open. SO maybe my back of the napkin numbers were close enough. Someone did buy at the ask at the open at 1.95 -- this I saw but I have no idea how many contracts

Also, it's now got a 1.35 ask at 522 stock price... which is interesting, since the delta is now .06 instead of .02

But most things about option trading are interesting to me....