Anybody trading 100+ SPX options per order

Discussion in 'Options' started by DutchMan, Jun 27, 2008.

  1. DutchMan

    DutchMan

    I have a question about the valuation of SPX options. How do you do this?? I can't use the prices on my screen because of the big spread and I can't ask every day for a quote because the MM's don't like giving quotes without a trade.

    btw, execution quality is great. Although the SPX was really moving I got a nice price when I wanted to get out fast.
     
    #71     Jul 10, 2008
  2. opt789

    opt789

    Thanks for the laugh.
    I can always count on ET to come up with some great ones.

    You know you got great fills, but you have no idea how to value what you're trading.
    Classic.
     
    #72     Jul 10, 2008
  3. Any serious options trader has their own valuation model.
     
    #73     Jul 10, 2008
  4. DutchMan

    DutchMan

    true, but when markets really move I'm only interested in trade prices and not theoretical prices :D
     
    #74     Jul 11, 2008