Options trading bid vs ask

Discussion in 'Ask any question!' started by Max384, May 4, 2020.

  1. Max384

    Max384 New Member

    Joined:
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    When it comes to option trading you have the ability to bid or pay the asking price. If you win a bid but at a much lower amount does this change anything about the contract? I'm still trying to find simple wording on the difference between naked/covered and spreads options.
     

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