6. SRP vs CRP Comparison

Strike by strike comparison of SRP and the corresponding CRPs.


The CRP range for the SPY options was up to 9c wide at the near-the-money strikes and no more than 1-2c wide at the out-of-the-money strikes. The SRPs were 6-9 cents higher than the corresponding CRP values in the 350-380 strike range; otherwise they were never more than few cents away from the CRP range.