Recent Content by spreader2

  1. SPX Credit Spread Trader

    Basically, when rolling to the next month, I'm buying time. I try to do it for a credit if possible, but it is certainly cheaper to roll out...
    Post by: spreader2, Apr 26, 2006 in forum: Journals

  2. SPX Credit Spread Trader

    I agree. Plus the Beige Book at 2PM (EST). Guess that's why we're not directional traders. I personally would be broke already trying to trade...
    Post by: spreader2, Apr 26, 2006 in forum: Journals

  3. SPX Credit Spread Trader

    Don't feel so lucky to have gotten those puts yesterday now....:(
    Post by: spreader2, Apr 26, 2006 in forum: Journals

  4. SPX Credit Spread Trader

    Actually, I'll roll either down (in May) or out (to June), depending on what the situation dictates. More risk to roll to June, but I'm a risk...
    Post by: spreader2, Apr 26, 2006 in forum: Journals

  5. SPX Credit Spread Trader

    Thinking the same Donna. Since 1240 is below the 200 dma and we're 22 days out, I thought I'd give it a try. Plenty of strikes open for June now...
    Post by: spreader2, Apr 26, 2006 in forum: Journals

  6. SPX Credit Spread Trader

    Believe me, it was tough. I tried to stay a nickel in front of the mid all day, but on the last leg lower to ES 1304.25, they grabbed them, which...
    Post by: spreader2, Apr 26, 2006 in forum: Journals

  7. SPX Credit Spread Trader

    I thought I'd share my May positions with the board: -250 May 1360/1370 Call Spread @ .45 -250 May 1240/1225 Put Spread @ .45 (filled today)...
    Post by: spreader2, Apr 25, 2006 in forum: Journals

  8. SPX Credit Spread Trader

    You got me nervous with my 1360/1375 call spread....a little nervous, but not a lot. I have 150 SPX 1360/1375's on now for a net of 65 cents.......
    Post by: spreader2, Mar 15, 2006 in forum: Journals

  9. SPX Credit Spread Trader

    Sailing, The RUT has strikes in 10 pt. increments and the implied vol is higher than that of the SPX. It's a little less liquid at times and...
    Post by: spreader2, Mar 10, 2006 in forum: Journals

  10. SPX Credit Spread Trader

    CashCache, I forgot to answer all of your question. I apologize. I legged into the SPX IC, but sold the RUT IC all at once.
    Post by: spreader2, Mar 10, 2006 in forum: Journals

  11. SPX Credit Spread Trader

    CashCashe, With this low vol environment, I have been putting on the condors a little earlier than I'd prefer. My main goal is just safety of...
    Post by: spreader2, Mar 10, 2006 in forum: Journals

  12. SPX Credit Spread Trader

    Hi Coach! Hope all is well. I've been doing Iron Condors and credit spreads on the SPX and RUT for about 2 years now. I've got my spreads on...
    Post by: spreader2, Mar 10, 2006 in forum: Journals