Opportunity to short oil options at way above fair value

September 2nd, 2018, 11:51 PM

I have a margin call with my TradeStation account (due to them charging triple SPAN margin) and because US banks are closed on Labor Day I may need to liquidate some of my short December 2020 150 strike price crude oil calls. The market maker will probably offer those calls for sale at way above their fair market value, so anyone reading this may have an opportunity to slightly undercut the market maker and still make a sizable profit.

September 3rd, 2018, 08:55 AM

I tried calling Tradestation and it looks like everyone there is on holiday, so I may not get a liquidation. I'm still willing to buy half a dozen calls at a price of .12 which is still way above fair value if anyone is interested.

Opportunity to short oil options at way above fair value

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Opportunity to short oil options at way above fair value