Definition, Examples & Resources:Mid Price [Options]'
We recommend only using this criterion in target mode. E.g., if you would like target contracts or spreads that have premium around $2/contract/spread.
We do not recommend minimizing or maximizing the mid price unless coupled with more heavily weighted criteria to ensure that proper underlying and options liquidity are considered as part of the strategy.
Mid Price [Contract] can be found on the Strategy Tree Builder of the Brutus Options Ranker under the Criteria List General Panel:
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