I've been asked the question if pricing will be listed for the cigars I've put in. Because this is a learning pass for newbies (including myself), each student will need to do research to find pricing for the cigar/s they are looking to Take/Put. Please see my
Syllabus section for information on researching pricing. If you have any questions, please feel free to send me PM.
Thanks!!
Just to make sure we get it right, please ensure that this example is correct (#1 Baccarat 'The Game' (5x50)):
43.95 + 43.86 + 43.95 + 45.99 + 45.50 + 43.95 + 51.95 + 46.95 + 43.95 + 42.95 =
453.00
453.00 / 10 (10 stores listed prices) =
45.30
45.30 / 25 (25 sticks in the box) =
1.812
1.81 final price of that particular smoke.
So, if I take #1, I would do a put that is
minimum 1.81 (ideally exact price) or one a bit higher value but not too much more. Also, is there a limit in this pass for overages? Like take a 1.81 and the put could range from 1.81 - 2.06 for example (.25 margin).