Doesn’t have high out of the money but if I’m reading it right the potential returns for buying Jan 20th were insane. A $60 call potion expiring Jan 29th was $1.20.
GME went to $500 or so. If you exercised such an option at, say, $350, your profit on the exercise would have been $290.
At a cost of $1.20. 242x return.
And thank you, that site is incredible. Very hard to find such data. Another example of HN’s value. I searched for this kind of thing off and on for weeks, but it randomly pops up on an unrelated thread because I made an offhand mention. That’s HN.
Huh interesting the site is offering the free data as a byproduct to sell affordably priced subscriptions.
They could probably improve their SEO, unless they are new within the past nine months or so. When I searched historical options prices extensively nothing came up.
Do you have any affiliation with them? If not I can reach out directly. There are some pretty obvious strategies that would make them much more prominent for searches like “SPY historical options prices”
Nope, no relationship, and I don't even remember how I found them :-). I added that link to pinboard in November, 2019, so they've been around at least that long.
But by all means reach out to me if you've got a winning options strategy :-) or want freelance data-mangling or web stuff done (I'm retired, I'm a pretty good programmer) to get there.
Doesn’t have high out of the money but if I’m reading it right the potential returns for buying Jan 20th were insane. A $60 call potion expiring Jan 29th was $1.20.
GME went to $500 or so. If you exercised such an option at, say, $350, your profit on the exercise would have been $290.
At a cost of $1.20. 242x return.
And thank you, that site is incredible. Very hard to find such data. Another example of HN’s value. I searched for this kind of thing off and on for weeks, but it randomly pops up on an unrelated thread because I made an offhand mention. That’s HN.