Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Gringo

Multiple Options for One Security with Same Strike Price

Recommended Posts

Hi,

I wanted to know why there are multiple options for say BAC with same strike price trading at different prices for say Jan 2011?

 

I assumed it could be leaps from previous years with same strike price but shouldn't price be same when both are expiring together?

 

The link shows where you can see basic quote as an example:

 

http://ca.finance.yahoo.com/q/op?s=BAC&m=2011-01

 

BAC Jan 2011 2.5000 call (VBAAY.X) price: 12.5

BAC Jan 2011 2.5000 call (CONTR (VEDAZ.X) price: 10.3

 

I am guessing it's not European or American option difference as it's an american security.

 

Does CONTR mean inverse?

 

Thanks

Share this post


Link to post
Share on other sites

had a quick look, out of interest but no real idea.

Other possibilities - the reported prices were done at different times of the day when the price of the underlying moved.

also

American and European variations for options is not reliant on where they are traded. its to do with when they can be exercised.

suggest the broker you use should be the best person to answer this - or possibly they are traded on different exchanges?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.