Oops. I misread the ES table. Thanks for pointing out my mistake.
Assuming that we are speaking of the ES on the CME exchange: The ES is half of a CME SP futures contract. SP is $25 for 10 points. So you...
I understand one major differrence is that ES options are electronic, no MM.
Thanks very much. Obviously I am thinking credit spread. The market is moving where I want it to go... If the market continues to move up...
Got filled on the call side of my diagonal around 1350 (SP futures): B Aug 1330 S Jul 1310 @ 60 debit Will avoid the mistake I made on...
Did you follow your plan? You can feel good about following your exit rules.
The most important part of a trading plan is the exit strategy. Williams did an experiment where he entered the market on a =random= basis but...
For me the problem with Jul is a valid confirmation of support. The market has already broken thru several areas of support.
Thanks, Chris. I really like the relative small 20 point difference in strike prices and some good support and resistence at those levels....
>How do you plan to deal with a drop in IV? What if it drops to 14% within a week? I still have a break even of 40 down and 50 up from today's...
Please help me understand why I am in maximum pain when the options expire worthless, when I have a net short position. Perhaps I am missing...
I am looking at something new for me == a double diagonal position. B Aug 1330 call S Jul 1300 B Aug 1150 put S Jul 1180...
Andy, A few observations. For the more experienced, please correct me. 1. Maximun pain theory is an exit strategy where you exit only when...
>If you are trading a sound plan, it will be profitable over time. I remember Williams did an experiment with an exit rule. He entered the...
I would not want to be a bull in this market. Upside move is an opportunity for bear call position.
I have done futures options for years, and have never heard of this rule.
Does anybody see support here, gap filled, etc? I watch the CCI and daily spx hit significant support at -100. Does fib tell us anything?
You probably have already listened to Dan Sheridan's general remarks regarding various income strategies vs speculative. If not, he is on...
OK, saw your post. Just because we are quiet, I know that I am very much interested in your actual trades. Yeah, optioncoach, it's hard to...
Nice trade. It is helpful to let us know when you do the trade so we can follow along. I am very interested in learning from the people here...
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