PleasantAnomaly t1_jaecb18 wrote on February 28, 2023 at 8:45 PM

I doubt COIN Calls can still be considered cheap sfter a 12% runup

mytendies OP t1_jaefqhz wrote on February 28, 2023 at 9:06 PM

They are cheap relative to historical volatility. That is all I can say.
Cheap is a relative term so the question is... relative to what? If it is being compared to historical vol then these calls are cheap (IV is significantly less than HV).

jcodes57 t1_jaeh8pm wrote on February 28, 2023 at 9:16 PM

I can contest. Been wheeling COIN since the start of the year and IV has been closer to 130% for almost all the weekly/monthly options I’ve been trading. 100% IV even after a rip the past 2 days is still relatively low. This probably due to earnings coming to pass?

mytendies OP t1_jaelrbn wrote on February 28, 2023 at 9:45 PM

so are you saying coin calls are relatively cheap or relatively expensive?

PleasantAnomaly t1_jaervdk wrote on February 28, 2023 at 10:26 PM

I think he’s saying theyre cheap still.

mytendies OP t1_jaevakr wrote on February 28, 2023 at 10:49 PM

Hope so