Quote:
Originally Posted by PaceAdvantage
Just got into my October trade (Nov expiration):
Buy to Open 1 IWM NOV 22 2014 108.0 Call Limit 4.73 -- -- 10:00:06 09/29/14
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What would happen (other than having to outlay a lot more money) if you bought, say a 55 strike IWM call for around $55.55. The extrinsic value being only .55¢ vis-a-vis the over $2 premium with the 108s?