convexx's "hitting bids and lifting offers" ETF options

typo fixed.

 

Out at scratch. I have a preferable structure for the close.

 

I don't like the R/R, but I want to get neutral to 1960 cash. 1900/1940/1980/2020 in puts.

23.95 to the buy.

 

My niece is a pro. I was on the road today and she logged into her account and bought two SPY puts per condor:

 

Out 27.20 and 3.74.

She actually dumped the puts at 5.62 but I wasn't told. Anyway, I will mark the position to the bid on the puts.

 

She bought 2 Oct16 NDX 55/00/90 231 from 24.00. I thought she could do a bit better on the fill.

 

are she/you legging into these spreads?

curious how you're working them if not (have never used IB for spreads this large). just combo limit orders and trying to fill a bit better than mid? or one of their algos?

thanks for the journals. have learned a lot.

 

Out at 23.00. Inversion and risk of a very, very bad day.

 

Thanks.

No, she/we are trading these as a spread on COB. She's in a OB rotation, so I trade her account most days.

 

NDX distro-play for the wife's b-day (Oct23). 3850/4050/4150 132 in calls from 80.00 mid.