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Unusual Activity Alert: Giant Time Spread Trades in Sprint Corp. (S)
Today paper traded 25000 Apr/May 10 call spreads for .29. The ADV is 32523 contracts. The OI is over 50k contracts on both strikes.
Mid-day Flow Summary
Mid-day Options Order Flow
Penny Pricing By the Numbers – Part Two
There has been a great deal of hubbub over the impact of penny pricing on the options markets. Some believe that the massive influx of quote traffic will overwhelm the industry. Others believe that Penny Pilot critics are trying to scare the industry away from pennies just to protect their existing business models. However, there has been little data released by either side to back up their arguments. Until now…
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