How to pull the rug on SPX market makers

Discussion in 'Trading' started by HedgefundTrader2, Aug 17, 2007.

Thread Status:
Not open for further replies.
  1. My best advice to anyone is to avoid trading SPX unless you are forced to do. You can get better fills and executions in lots of other indexes and equities. I you have to use SPX use my method, going between the bids and ask and with ones and twos only.

    You will save few hundred dollars on each trade.
     
    #141     Aug 23, 2007
  2. Weren't you the guy that was running his mouth in the other thread how he's trouncing Warren Buffet's returns by writing naked puts one month out? LMAO
     
    #142     Aug 23, 2007
  3. Why are you jealous of me? There are lots of successful people in this world. What this has to do with SPX trading and the thread at hand ?

    Thanks for reviewing all my posts, sneaky dog.
     
    #143     Aug 23, 2007
  4. So bidding between bid/ask is now a method? LOL!

    I don't get it, first my comment doesn't count because I trade several of the many many other options series around instead of SPX, and now you advise everyone to stay away (as I did for several years now)?

    What's the message? I think your self-importancy is over the top.

    Ursa..
     
    #144     Aug 23, 2007

  5. Did you not read the threads correctly or my several posts?
    Stay away from SPX and if you do have to trade, hit the mid prices, narrow the bid and ask with one or twos. They will execute your orders.

    Why is this so hard for you to comprehend? I guess you can't find a footing to upset my cart, so you keep coming back with various harpoons to bloody me, but I am so thick skinned, I don't bleed anymore.
     
    #145     Aug 23, 2007
  6. I did and I do and they will, but not for the reasons you gave. No rug-pulling at all.

    Ursa..
     
    #146     Aug 23, 2007
  7. OK no rug pulling. Now go away please..
     
    #147     Aug 23, 2007
  8. cszulc

    cszulc

    Not sure if this was mentioned (didn't want to search through 25 pages), but I hope you all are aware that the SPX contracts are going electronic in the next month or two.

    I should think the bid/ask spreads should get much tighter, as did the OEX contracts did when they went electronic a month ago.
     
    #148     Aug 24, 2007
  9. I don't think this has been mentioned in this thread, and yes, going more electronic will be an interesting change for SPX. From the little I have read of the new system, its a bit different from the existing CBOE hybrid. IBs marketing of additional floor presence in light of hybrid's immanent deployment is curious.
     
    #149     Aug 24, 2007

  10. That will be the day.....we can see the bottom of the green moat.
     
    #150     Aug 24, 2007
Thread Status:
Not open for further replies.