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 3c wide at the near-the-money strikes and mostly 0c wide at the out-of-the-money strikes. The SRPs were often 6-8 cents lower than the corresponding CRP values within the PUT1 strike range; and a few cents lower across the other strike ranges.