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) So, what are you getting in return for your willingness to lose 73 cents trading the course of a few months on a 60 stock that really only equates to 1.
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Ease 2016 exit in a position is more important than ease of 2016. On the trading floor we used to speak of a quotRoach Motel Positionquot. Easy to get in, impossible to get out. What makes for liquidity. High volume, Binary narrow bidask spread and a large open interest. Today Id like to look at that last one as its really very important. Utopia open interest (OI) is the number of contracts outstanding in that particular option series.
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