is to finish the week with a stock directly between 2 strike prices....FCX will finish around 36.75.
So if there's an equal number of calls for 36.50 and 37.00 what's the advantage of closing at 36.75?
The MM would do just as well if it closed at 36.55 or 36.90 wouldn't he?
MMs are soooo predictable AND so crooked.
and the answer to your question is no because the weekly options fluctuate wildly when approaching one strike price or another. The MMs want it ALL!