According to yahoo finance, on the option chain for Ford motors (F) on sep.20 all **,5 strike prices are quoted as **,82 instead as if someone has been hitting 82 instead of 50 through the whole list. This makes the incremental steps in the option chain uneven with every second step is 82 cents and next is 18 cents.
If this is real how would you take advantage of it?
Posted by PlayfulAwareness2950
3 Comments
Not sure who you think fat fingered something–the people at the exchanges who create the strikes?–but here is why it’s like that:
https://www.reddit.com/r/options/s/TU9BJ3TZnS
It’s a legacy result of a special dividend issued in February ‘24.
Lmao I can’t with some of you guys. Special dividend adjustments