### Comment:
I’ve started to pick up on the important of bid-ask. I had calls on XLV and XLP (healthcare and consumer staples) and after the calls went up in value, it was still difficult to sell them at good price because the spread was too large. That’s what you’re getting at, right? Not a lot of trade volume and a large bid-ask spread essentially makes it more difficult to sell the contract for a good price?

### REPLY:
Not just sell at a good price. You're going to get fucked buying right away because you'll pay more than you can sell it for. Low open interest means you'll have a hard time finding buyers when you do want to sell. It's not that it can't work but why do it when you can trade options in things that are not going to have those problems.

### END.