Replies to post #72955 on Zeev's Turnips Patch-No Politics (ZEEV)

[tantal]

Actually, if you look at the MAR QQQ puts the situation is quite different:

         
  Call        Bid Ask Last Change Volume Open Int    
   
   03 Mar 22 2.80 2.85 2.85 -0.35  2,199  18,832    
   03 Mar 23 2.10 2.20 2.20 +0.05    245  25,353    
   03 Mar 24 1.55 1.60 1.55 -0.05  2,091  29,643    
   03 Mar 25 1.00 1.10 1.05  0.00 19,158 107,208    
   03 Mar 26 0.65 0.75 0.70  0.00    651  44,520    
   03 Mar 27 0.40 0.45 0.45 -0.10    475  95,045    
            
  Put         Bid Ask Last Change Volume Open Int    
   
   03 Mar 22 0.60 0.65 0.60 -0.05 3,725  77,226    
   03 Mar 23 0.85 0.90 0.95  0.00 1,862  90,842    
   03 Mar 24 1.30 1.35 1.35 -0.05 4,616 125,846   
   03 Mar 25 1.80 1.85 1.90 +0.05 1,830 214,545    
   03 Mar 26 2.45 2.50 2.50 -0.05   713  30,103    
   03 Mar 27 3.10 3.30 3.20 +0.30 1,975  29,246  
   
 

I'm starting to think we will be rallying for a while to kill those march puts. compare with the feb contracts:

 
 Call          Bid Ask Last Change Volume Open Int    
   
   03 Feb 22 2.30 2.35 2.35 -0.45    720   8,095    
   03 Feb 23 1.50 1.55 1.50  0.00  1,385  18,555    
   03 Feb 24 0.90 0.95 0.90 -0.05  6,315  48,072    
   03 Feb 25 0.40 0.50 0.40 -0.05 23,865 144,694    
   03 Feb 26 0.15 0.20 0.15 -0.05  5,587 129,021    
   03 Feb 27 0.05 0.10 0.10 -0.05    404  85,574    
            
  Put         Bid Ask Last Change Volume Open Int    
   
   03 Feb 22 0.15 0.20 0.20 +0.05 1,723  49,492    
   03 Feb 23 0.35 0.40 0.40  0.00 4,515  67,657    
   03 Feb 24 0.70 0.75 0.70 -0.05 9,189 131,284 
   03 Feb 25 1.25 1.30 1.25 -0.10 6,564 130,262    
   03 Feb 26 2.00 2.05 2.05  0.00 1,326  69,950    
   03 Feb 27 2.85 2.95 2.85 -0.10   362  49,271    
   
 

Anybody have any comments? This seems pretty odd to me.