More $BKNG Cheat Code Fuckery (at least seems like fuckery to me)

TL;DR — Some $BKNG Put options are mispriced by a factor of 20X. This has been going on for at least a few weeks, maybe longer. If there was an entity (perhaps a short hedge fund) that wanted to make their books look much better (and possibly avoid a margin call), and unless I'm missing something, it seems they could spend $1 million on these puts and it would instantly add $20 million to the value of their portfolio. This certainly could be affecting other strike prices for $BKNG, and maybe even other tickers at any number of strike prices. In other words, this could be a MASSIVE market mispricing scheme, falsely adding $million or $billions to the balance sheets of whichever entities are carrying this woefully misvalued garbage.

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So I've posted on this twice before (check out the first link for details on what in all is happening and how this might be directly related to SHFs and $GME):

https://www.reddit.com/r/Superstonk/comments/n5ijpz/is_someone_using_the_bkng_cheat_code_again/?utm_source=share&utm_medium=web2x&context=3

https://www.reddit.com/r/Superstonk/comments/mz1yr9/is_it_possible_for_an_account_to_offset_losses/?utm_source=share&utm_medium=web2x&context=3

Today, wacky $BKNG Put pricing is back at it again, and on a day where $BKNG was up more than 3% at one point. A little primer on options pricing ... the carry value is the midway point between the bid/ask, and option prices are multiplied by 100 (since each option covers 100 shares). So if an option (Call or Put) has a bid/ask of $.60/$.80, someone is offering $60/option and someone is asking for $80/option and the carry value of that option in an account would be $70/option.

Anyway, here's what the $BKNG fuckery looks like today:

I wish this shit was worth this much!

So let's take a look at these one at a time (I've included two correctly priced Puts here for context):

$BKNG May 14, '21 $1400P ... current bid/ask is $0/$.05 ... value should be $2.50 ... NOT $10 (INCORRECT PRICE BY A FACTOR OF 4X)

$BKNG May 21, '21 $1400P ... current bid/ask is $0/$.25 ... value should be $12.50 ... NOT $50 (INCORRECT PRICE BY A FACTOR OF 4X)

$BKNG May 7, '21 $1700P ... current bid/ask is $0/$.05 ... value should be $2.50 ... NOT $50.00 (INCORRECT PRICE BY A FACTOR OF 20X)

$BKNG May 14, '21 $1700P ... current bid/ask is $0/$1.15 ... value should be $57.5 ... CORRECT PRICE

$BKNG May 21, '21 $1430P ... current bid/ask is $0/$.35 ... value should be $17.50 ... CORRECT PRICE

This is the third time I've posted about this phenomenon, and although it got a little traction when I posted earlier this week, this is a massive blindspot if this allows underwater hedgies (or even individuals on margin accounts) the chance to balance the books by carrying a bunch of these misvalued Puts. As you can see from my previous post on this issue, a lot of the major players in the $GME saga are, in fact, carrying $BKNG puts (https://fintel.io/so/us/bkng).

Calling all Super Friends! — u/atobitt u/Criand u/WallSt4MainSt u/Dan_Bren u/redchessqueen99 u/HeyItsPixeL u/rensole

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Edit #1: Added TL;DR

Edit #2: If you have expiring Puts today, please visit this APB post: https://www.reddit.com/r/Superstonk/comments/n782c1/putting_out_an_apb_on_mispriced_otm_puts/?utm_source=share&utm_medium=web2x&context=3