300 contracts is a lot of contracts! However, depending on what you are trying to do, large volumes at a good price can be a bit tricky....
Here's why I trade the SPX (usually) and not the SPY. 1) The SPX is 10X bigger. This means trading a far smaller amount of options. Commissions...
Beltway boy, that's one of the big problems with the good old USA--they could care less about the rest of the world, and most of them don't know...
Spin, you're spoiling the fun! I know the answer, and you know the answer, but I was hoping the original poster (OP) would respond....
Welcome to the forum--- Pretty straightforward question. Answer-- buy to open.... The abbreviation for this is BTO which you will see on this...
def, can you post a link to these 606 reports so I can look at a bunch of these brokers? I'd be curious to have a close look at them and compare...
droid, The SPX is really good for those with more capital. Usually in real life you can split the bid-ask minus 5-10 cents for a vertical...
I have traded iron condors and other multilegged creatures for quite a while now, so I'll comment on a few items: 1) There is considerable...
As usual, Spin and Martinghoul are right. In the last few months, as I have extricated myself from the May 6 debacle, I have held a...
ForexForex-- I even like FLEXIBLE or uncertain expiry times. Say I sell you a 1000 Put on the SPX that expires after I do!! Give me a...
Hey Beating the S&P (and I hope you are!) Sounds like we might wind up trading with each other! I haven't traded the weeklies yet, but if I...
JJacks, I really enjoyed your post! The one idea that does make sense is the listing of options for each month in the next 6 months...
Broker Margin calculation is not really much of a problem. They all have pretty sophisticated software. I use TOS and they do a good job of...
Daniel, you're getting good advice from the above posters, many of whom have seen some tough days and have plenty of experience. I have traded...
In Calgary, all you have to do to keep your laptop cool is open the window!! It'll be fine in no time. Of course, YOU may need to wear a heavy...
Point taken, Mav, At least with ATM Straddles, you are fairly well paid for the risk! That's one of the big drawbacks of IC's. I've at least...
Trefoil, your observations about IV are interesting, but I must admit that the IV effects are fairly complex with this kind of system. As you...
Thanks for your quick response. My first post talked about 1170 calls and 1195/1200 call credit spreads. The 1195/1200 spreads were the lowest...
Trefoil, Your comment about high gamma made me chuckle, but I think your approach is the correct one. I have been playing current month...
Hey Mav, I've always enjoyed your posts, especially the provocative discussion you started with the thread-- The Perfect Option Position I'm...
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