I added about 1/3 of my monthly size during the dip this week. It wasn't much of a dip, but that may be all we get if the market is back into the...
I trade mostly ER2 options, so while I wasn't burned by SET exactly, I was still highly discomfited by the 10 point gap up. I had short calls at...
Someone asked a couple of days ago about the month to month SPX changes. Attached is a spreadsheet w/data going back to 1986. Thanks go to...
The best way to guess at what could happen during a 2001-2002 environment is to go look at the records of cta's who were trading credit spreads...
Ok, going back and reading his initial post, its obvious why people might be irritated. The quote below is pretty cheeky. I can hear the Nelson...
This argument gets made alot against system vendors, and it makes sense. But for a service like the one zegras is pimping, it doesn't apply as...
Its swift and sudden. So its a black signet at least. We'll see what happens when it grows up in the next few days. Found this image. Just...
I generally buy calls around the same time I am selling puts (and vice versa). Once the market settles down a bit, I will definitely be looking...
IB choked on me once today already. Not that I am very motivated to trade anyway. Bid/ask spreads on the ER2 options have expanded from the...
Nice work MT. Give yourself some credit for a well handled trade. You put on a bull put spread near the high, and you closed it for a profit...
Probably not a good day to sell put spreads. With a drop this steep, VIX will stay high for a few days. For the past 9 months, you had to jump...
Bingo. Anyone who has done even the first bit of homework on otm credit spreads knows that its a bog-simple strategy with a great w/l rate....
Those frontmonth small delta OTM calls really don't help very much to hedge short calls closer to the money. The width of the bid/ask spread is...
As coach said, they are settled with futures. But the futures and options are traded on Globex, so they are quite liquid. There is no reason to...
I think Mark's answer contains the real answer for you on closing your trades early. You are using a method to determine when you think the...
"SPX for FEB expiry 1sig = about 35points at current volty." Ay, there's the rub :) Mechtrade's very interesting chart is a perfect visual...
They do have futures, but they do not have options on futures. Last I heard from them, they were trying to get it done in the first half of...
Probability of Profit
Yes and no on the fop expiration. There is no jury-rigged SET value to bite you in the ass. However, the futures options expire on Friday, not...
Option prices are similar between the futures options and index options. If there was a real price advantage to one or the other, it would...
Separate names with a comma.