Would you mind explaining the mechanics of the trade you just mentioned? I not sure if I'm understanding what you mean by purchase a butterfly...
That's also one of the positions I'm considering taking. I would sell 20 of my long 1350 puts at 4.90 and then buy 20 1365 puts for 6.20. The...
Looking for a little good advice. I stepped in front of the truck a few days back and put on a 100x1360/1350 SPX PUT Credit Spread for 0.50....
Yes, we get it. You are uncomfortable doing this... Yes others are uncomfortable doing this... Yes, it's not a rocket science strategy......
I'm trying to get filled on the DEC 1460/1470 SPX call spread. Is anyone taking any vertical positions for Dec? I'm trying to get .45 for it on...
Coach, So I have been kinda blanking when you are talking about these fly's, since I don't think you can do them in a retail margin account....
Well I'm still holding the 1375/1380 spread sitting with about 15 points of wiggle room. The 15 point distance is my decision point. I took in...
1323.12 SET
Since all good SPX'ers know how the SET is calculated, the opening print of all 500 stocks, can we just calc it ourselves? I have access to a ton...
Anybody want to place bets on the $SET #? I'm betting 1328.
Right now I'm getting .95/contract with TOS's EX/Rates program. I'm trading around 150 contracts/side of credit spreads, around 50 for...
Well, it looks like we might have skinned the cat on our trades until the $SET get's all funky on us. It would have to be above a 14pt set to...
Yes, I just went to church for the first time in 15yrs praying that tommorow will be a down day for the SPX. Just kidding, but I'm short the...
What the heck is going on? SPX up 14pts! Anyone think we'll retest the 1yr 1326 high ? If so that would suck since I have a short at 1330....
Ummm..... Account Value: $15,739.50 - YTD Net P/L: 5,739.50 = $10,000
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