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by QuesnayJr 2163 days ago

  options with asinine strike/expiries for people who don't get options
I've never used Robinhood, so I was curious what you meant by an "asinine" strike. (I know all about options, FWIW.)
1 comments

Stuff that's just so insanely out of the money, and so close to expiry, that even by "YOLO" standards, it's stupid.

You usually get burned right off the bat because the bid/ask spread is huge, so to even get the order filled, you need a limit order with a really unfavorable price

Thanks. That makes sense.