Dax options

Where is the market maker in the MArch otm puts?

 

Just got fired...I heard.
Was the same guy that didn't want to buy back
his short GOOG puts.

 

Who is making markets in 205 lots? They are allover the place.

 

True, someone is making market in 205ers.
But, why is this a problem for you?

Question to experienced DAX option traders:

What are the chances getting filled if you sit
in the middle of the bid-ask of an OTM (5-6 strikes
out from the current price)?

 

I think the Dax options have been relegated to the intern. Take a look when the market is off 120 points quickly, like on the google panic day, and you are looking for a market. The only rational market was myself on that day. Chances of getting filled splitting the bid/ask are very good. I usually shave it by one or two ticks.

 

1-2 ticks, you mean only 0.10-0.20?

I am trying to split a spread of 2.60 all day,
but the MM doesn't give in... and no liquidity is coming from others. I hate trading with a bookie!

 

I sell calls as the market rises and puts as the market falls. What strike and expiration are you looking at?

 

Send quote request

 

calendar put spread 5700 Sep/Dec.... to short it...

 

I see weekly expiries for the dax options have been introduced. Anybody trading these? Don't seem to have a market maker yet.