View Single Post
      08-12-2020, 01:41 AM   #2566
premier3is
Major
premier3is's Avatar
1632
Rep
1,004
Posts

Drives: 2019 BMW 330i M-Sport
Join Date: Jul 2019
Location: CA

iTrader: (0)

Does anyone know why a bull call vertical spread I am looking at for SPY Sept 18th 315/340 has a break even point that's LOWER than the current stock price?

How the fuck is that possible since wouldn't this technically be an arbitrage opportunity? I know the 315c is deep in the money, but still wtf?
Appreciate 0