Newbie question on using options

    Posted by mwerne on 25th of Jun 2019 at 06:53 pm

    Newbie question on using options for the SPY system..... I have never traded options before and was looking at the prices for this current SPY trade. With a Sept. 20 expiration and a strike price of 272, I am showing a price of $23.73. Matt has $28.72 listed as his entry price. Can anyone explain why there is such a difference? Since I am new at this I want to make sure I understand the basics before jumping in.

    Same boat, I'm a novice

    Posted by retirefire on 25th of Jun 2019 at 07:38 pm

    Same boat, I'm a novice with options but My TD Amer price is 23.61. looks Like Matt did a typo error.

    It's possible a typo occurred

    Posted by steve on 25th of Jun 2019 at 07:04 pm

    It's possible a typo occurred so please double check with Matt tomorrow.   Any member's input would be welcome. 

    Upon a quick glance I also see $23.72 as the correct price. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!