Thanks for the clarification. I was always puzzled by this.
Some people do just that (ES for SPX, NQ for NDX) while others use options of different strike or expiration date to hedge.
I was reading the contract specification you quoted here but was not able to fully understand that it means the settlement value will be different...
The NDX index last Friday had a high of 1550.63 and low of 1532.56. NDX June contract settlement value however is 1553.96 (CBOE). Is the...
I always use SMART and have little more orders get filled at ISE than CBOE. I would believe SMART had picked the better price for me most times,...
When we talk about pit traded, we tend to think the (grain) pits in CBOT which you can not trade from IB. CBOE is several years ahead of CBOT when...
If you take a longer view from a historical perspective, the burst of housing market, not just US but worldwide, is a 100% sure thing. History...
I am sure the Sarbanes-Oxley will be water down pretty soon. Some of the measures are plain stupid!
Helicopter money (helicopter.gif) from financialsense.com
In the summer of 2003 when the Fed was very concerned about deflation Greenspan said something like (since the Fed fund rate was close 0%) Fed...
Please forgive me for my ignorance. I heard Mr. Bernanke talking the other day on Bloomberg. All I know is that he's leaving Fed. Govoner position...
You certainly answered my question. Thanks.
I understand that one has to have a good "feel" of the underlying in order to be profitable in selling premiums (I don't tracking S&P as close as...
The bid/ask spreads of NDX options are much smaller than those of SPX options. Does this have something to do with the fact that NDX and MNX...
These underlyings are either S&P 500 or S&P 100. Are there any particular reasons you donât like NASDAQ options (e.g. options on NDX or MNX, or...
The official real GDP growth rate in the US is around 3.5% in the past few quarters. The official inflation rate of 2.5% - 3% is said to be...
That's why the new bankruptcy law this year. The homestead clause is modified that unless youâve been living in the house for two or more years,...
This is the most compelling evidence of housing market bubble. The Ratio of housing price to rent is similar to the PE ratio of stocks.
One thing people complained about is when we buy a PC with 3.3 GHz speed that costs the same as a PC of last year that had a speed of 2.2 GHz, the...
Thatâs one of the important things to keep in mind when we speculate when Greenspan will end the tightening campaign. After the equity bubble...
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