Everyday expirations coming to the SPX

Discussion in 'Options' started by FSU, Feb 4, 2022.

  1. Dustin

    Dustin

    That's nothing, there were multiple 30x to 50x+ opportunities in SPX/NDX lately.
     
    #11     Feb 7, 2022
    Gambit, Rams Fan and deltaf0rce like this.
  2. Dustin

    Dustin

    For those of us that trade these everyday this news is huge.
     
    #12     Feb 7, 2022
    Gambit, darwin666, Rams Fan and 2 others like this.
  3. I agree.
     
    #13     Feb 7, 2022
  4. Why do you prefer day trading SPX options on expiration day over day trading futures? Is that because of the limited risk you have in trading options (only premium could get lost)? With futures you could have a similar leverage and the spread is smaller.
     
    #14     Feb 8, 2022
  5. Dustin

    Dustin

    Yes, defined risk.
     
    #15     Feb 8, 2022
    Rams Fan likes this.
  6. Since a lot of you seem to be very experienced in trading this way i am still searching a good execution platform. I am with IB but had a lot of problems enter an option trade on Booktrader. Orders weren´t executed instantly, instead system told me suprisingly i should enter a limit price. This although i set up a button which should allow me to buy +0.05 above ask.
    So then i tried enter a trade on an option chart. This also didn´t work well because i got no intraday backfills on option charts for spx. Other options for stocks (AAPL, MSFT) show an intraday backfill. So i will try medvedtrader again, perhaps DAS Trader pro, which is expensive.
    What are your recommendations. I would really appreciate some. Thanks
     
    #16     Feb 8, 2022
  7. deltaf0rce

    deltaf0rce

    I like TD. yeah you pay market rate but they’ll work with you after you develop patterns. Their software as a basic offering is top notch. Not annoying with their margin except in leveraged products there is very little , well run
     
    #17     Feb 9, 2022
  8. deltaf0rce

    deltaf0rce

    If you’re a sniper go to Fidelity. They send your orders right into the ECN
     
    #18     Feb 9, 2022
    antares66 likes this.
  9. I have to stay with IB. But TWS is so clunky!
     
    #19     Feb 9, 2022
    deltaf0rce likes this.
  10. Ib tws is the best. Not sure what exactly did you do. But it works great for me. Super fast execution. Particularly when I have 0 DTE bull put and bear call spreads.
     
    #20     Mar 6, 2022