RE:optionsThat is not much. Only about $80,000 each position, and far out of the money, and on the CDN side. I hold over 4 times that with MEG calls, and I'm only a retail trader. I'm not connected like the pros to move the markets in my favour on max pain settlement days.
Don't bother looking at the lightly held weekly expiry options, watch the holdings and action on the options on the third Friday of each month. Nothing unusual and outstanding there at this time to be worried about.
Also, far more options are held and traded on the US side, due to liquidity. You normally get a smaller spread between the bid and ask, meaning less cost to enter and exit positions.
If you are buying puts for a SHTF scenario, buy on the US side due to the magnification and leverage of associated CDN currency weakness.
stwatcher wrote: aug as well ....
| 33.00 | Put | SU220819P33.00 | 36 | 0.18 | · | 0.22 | 46 | 4664 | | | | | | Jul 21 | 15 min |
| | 34.00 | Put | SU220819P34.00 | 38 | 0.23 | · | 0.27 | 48 | 4299 | | | | | | Jul 19 |