Analysis Techniques & Strategies

Close of Option (Bid/Ask Model)

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Input Information

Name Type Default Description
BidAskSpread Numeric .10  
RoundtoFraction True/False False Round value to the nearest fraction or use the raw decimal value.

Description

The Close of Option Model uses the closing price of the option to calculate an approximate bid/ask price by subtracting/adding a value plus or minus 2 minimum price movements.