Thanks for the question. I am leaving out commissions here because we all use different brokers so our transactions cost will differ with each...
Quite active today. Closed the other SPX put spread for JUNE I had opened to lock in more profit and open more margin. The original position is...
CLosed one of my JUNE positions given the surge in the market this past week and the need for some margin to open up. I closed the 65 SPX JUNE...
With Jluy expiration now miving under 45 days to expiration and some slow weeks ahead with the start of summer I opened a new position for JULY to...
Thanks for the question. No the main reason is that I still feel the SPX will stay under 1230 by expiration but I forsee potential upside moves...
If I get a debit spread filled at OX for $1.00 and get the same debit spread filled at IB for $1.05, how does IB make more money on the bad fill?...
Some strength in the SPX today and the past week so I decided to add a cheap partial hedge to the upside in case I need to roll out of my call...
I am not sure I follow your sentence below in quotes. Assume a trade of 10 contracts: IB is $10 commission Fidelity is $15.50 ($8 + $0.75...
TOok advantage of the slight dip today to grab some more premium for JUNE. Today at 2:00 PM I opened the following posiiton: Sold 90 JUNE...
I have tested using them but will not be working them in for real until June. Based on my observations they have similar liquidity as SPX options...
LOL..... well I hope to keep it going. In a week or so I may add to my JUNE positions and even add some JULY positions once I get below 40 days...
I mainly spread the SPX but I also use the OEX/XEO. SPX tends to have slightly higher premiums futher OTM. I am also adding in spreading options...
Choad: THanks for the words. Yes I am also on the Yahoo boards as optiontradingcoach. And yes I am the same Phil who wrote that book but I...
IN my trading plan I use OTM options on futures to provide partial hedges and potentially add more profit to the position in certain situations....
I look to options on futures to place partial hedges if the market starts to move to far in one direction over time and futures are my parachute...
Wanted to adjust the return calculations in my positions because since I am in an IRON CONDOR now, the margin is not calculated as the total...
Added a JUNE Bull Put Spread. Given that it is less than 30 days to expiration, it is hard to get a good credit far enough out of the money but I...
APOLOGIES: I have the wrong trade info for my new SPX Bear Call Spread. I actually got filled at a higher price than my limit- go figure!. So...
Gonna test the 5 point spreads again using the 1230/1235 for JUNE which is currently showing a spread b/a of $0.10/$0.90. Put in an order for...
Ok now I see what you are getting at. The only problem is that I do not always get the exact mid-point and even harder to do so on 5 point...
Separate names with a comma.