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223: Building a Bot for All Market Conditions: The "Hexabot" Story

The Option Alpha Podcast

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Importance of Bid-Ask Spreads and Open Interest in Trading

This chapter covers the importance of bid-ask spreads and open interest in trading, emphasizing the need to trade with a reasonable spread and ensuring sufficient liquidity. It advises traders to consider these factors when looking at an option pricing chain and set a minimum level of liquidity to trade in a market with other participants.

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