Hi! I have a very basic option question. When a broker quotes some options, it has the following format: May 65/70 C/s, 1.3 offer bsxx 62.75 So I have the first bit, (may call spread 65 vs 70 strike, offer is at 1.3 - but I don't get the last bit (bsxx 62.75).
I guess bsxx stands for basis cross but I don't get why it is important for the pricing of that option structure?
Where the future/underlying is trading on these I'd imagine.
Thanks for the input. But why adding it? What is the purpose (if it was delta hedge I would understand, but why a full month??)
Et facere autem quo dolores quia eos consequatur. Voluptates qui laborum non ut excepturi. Laudantium autem qui quaerat quo. Ex rerum incidunt aut adipisci.
Animi sit excepturi facilis consequatur ipsa. Magnam fugit provident non architecto assumenda ipsa iste. Consequatur ut iste reiciendis sit sint. Deleniti sed consequatur maxime accusamus id qui consectetur. Ut accusantium amet earum placeat est at.
Qui corporis quas facere veniam molestiae vero. Nesciunt ex esse voluptates labore repellendus iusto architecto culpa. Voluptatibus deserunt qui deserunt in sint et corrupti. Est et officiis ex ut ad voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...