FXE is an ETF, while EUU is an index. I'm pretty sure both fall under the PDT rule.
You need a margin account to trade options. The fact that you pay the full premium when buying options is irrelevant.
You are missing the point, a bull call spread and a bull put spread at the same pair of strike prices are synthetically equivalent, i.e. they are...
At the same pair of strikes prices the two spreads are identical in all respects. The relationship that holds them together is called a Box spread...
If you really want the markets to get your message then you should no less than triple it, maybe even quadruple it.
Here's your strategy simplified: sell 46 put, sell 54 put. In other words, all you are doing is selling two puts with different strikes.
I presume you are short the spread. You should be able to buy it back for about .10-.20. Are those extra 10-20 cents worth the risk? Definitely...
Maybe it's similar to double negative being positive. :) If you short both you actually end up long. :confused:
Add my vote to short iron condor. If my memory serves me right, we had a debate on this matter here a few years ago. It didn't get us anywhere...
While NDX and RUT, and SPX for that matter are highly correlated, they are not perfectly correlated so having positions in more than one index...
A safe number would be zero. More than that and it's no longer safe. A prudent number would be 1 or 2, which would mean that in a worst-case...
Since this is a paper trade there is no real issue here, so I suggest you contact tech support.
The last trading day for SPX options is Thursday (yesterday) and they settled on the opening print today.
Lucky for us, I quoted his post when I posted a reply so we have proof that he modified his post after he saw that the original call trade was a...
No, I didn't modify. Looks like he modified his after GOOG tanked!
GOOG is @ 555, expect to sell @ 0.20 :)
Basically, your position is a long calendar spread or rather multiple calendar spreads at various strikes so the P/L profile as well as that of...
It would be quite a stretch if you could forecast the weather from stock options! (Sorry mate, couldn't resist it!) The correct spelling is...
The major component in option pricing is volatility. So if two similarly priced stocks have totally different options prices then the most likely...
I think you should admit your mistake now and move on. A block can refer to any large trade in any instrument. When someone says that a 100,000...
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