Writing the spread as NQ/YM implies you want to go long NQ and short YM. If this is the case, then you would buy long calls in NQ and long puts...
TraDator, I realise I do not have live prices for ZO, hence my inability to see the quotes you mentioned yesterday. With regards to CL, the...
@TheBigShort , do you still trade calendars? I see you are doing what I call 'pre-earnings' calendars, where the short is prior to the earnings...
Are you looking at what orders at available in the market for that spread? Forgive my ignorance - I'm using IB's TWS front-end - how would I see...
I'm reading this, and I'm looking at the U/Z spread - that seems to have risen about 10 points in the last fortnight. However, I do not understand...
@TraDaToR, If you are okay with this (if not, pls tell me, and I will stop), then I'd like to post a trade I just did now. CL butterfly....
Thanks ZBZB. I registered today and had a look, and sadly, there is not much there for me.
As my post count shows, I am relatively new to Elitetrade, but I am not new to trading - been doing it for a couple of decades. I do it for a...
I have been very actively trading calendars for 2 years - I find my own, using the techniques that I have learnt in this period. Without going...
In anticipation of this, a few days ago, I bought Sep 410 corn calls for 5 7/8. They've done well so far, nearly doubling, but I am holding on as...
@met1989, with due respect, how many vague, 1-sentence, butterfly threads are you planning on starting? These are all yours.......
I cannot be sure, as I got an assignment note when I woke up this morning, and I did not look at the WYNN option prices at close of yesterday. I...
Just happened to me today on WYNN.
Polite request - are you able to provide an example with numbers (doesn't have to be a real trade, just some numbers, strikes etc would suffice)....
I trade a lot of calendars. I will often just open with a 1 lot position to get an idea of what is a realistic price to pay if the spread is wide....
Here's my 2cents worth. IV - Butterflies should generally be placed when volatility is high and expected to fall. There's no magic IV figure,...
Ratlin, So the figures in the chart above (eg. 6.3, 6.72 etc) are the values of the iron fly which was opened on 9th Jul for a credit of 9.75?...
This is a very fascinating thread (many thanks to El OchoCinco). I realise that the low volatility means that flies are not common in this...
I've experienced them. More than once in fact. Dot com bust in 2000, Aug '11, Aug '15, Brexit in June '16, Dec '18 collapse. Been there, got the...
I lost confidence in the original post when I read : Buy 125 Put ($0) and 155 Call ($0). (Note: The OTM Put & Call Price was zero on June 28th...
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