On friday I placed a bid of 0.01 on a deep out of the money put with 0 bids and as soon as I did "someone" else (algo) also did. Is there a reason why an algo would wait until someone else first placed a bid on an option?
On friday I placed a bid of 0.01 on a deep out of the money put with 0 bids and as soon as I did "someone" else (algo) also did. Is there a reason why an algo would wait until someone else first placed a bid on an option?