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. Hmm

    You buying ATM calls sucker?

    Got a good deal for you .... 1445 c

    43.90 x 47.90

    1450... 40.70 x 44.50

    step on in to the RING OF FIRE....


    COME ON BRING DOWN THE MOAT YOU PUSSY! COME! COME! BEAT DOWN THE ACADEMICS!!

    GO READ THE F'IN RULEBOOK :D

    Onesey twosey, pickin the retail off like ducks in a row! :D

    BENTLEY PARTY ANYONE?? :D

    1 Exchange Plaza, in front of the CBOE. 3PM.
     
    #81     Aug 20, 2007

  2. Are you this dumb not to figure out things all by yourself? I am not going to repeat myself how you do it. I have already posted this.
     
    #82     Aug 20, 2007
  3. Yes, the CBOE moat is collapsing :D
     
    #83     Aug 20, 2007
  4. mde2004

    mde2004

    You have been exposed and will be taken down harddddd.
     
    #84     Aug 20, 2007
  5. How so?

    How can I be affiliated with the CBOE and yet be in Chicago? It's physically impossible.


    And, who's going down?

    We're up green today :D

    e-DPM baby :D
     
    #85     Aug 20, 2007
  6. Yes the abusive BID and ASK is there, on Sept 1415/1400 put spread these are delayed prices. How would you handle this ?

    Sept 1415 puts 28.80 x 32.40
    Sept 1400 puts 24.90 x 29.00


    Good Luck,
     
    #86     Aug 20, 2007
  7. widen the 1415's just to burn your ass

    new quote
    26.60 x 34.60

    Pay up.

    It's within the pt range too .... if only you'd read the rulebook! :D
     
    #87     Aug 20, 2007

  8. I am not in the habit of feeding sharks and gators in the moat where you reside, unless necessary.
     
    #88     Aug 20, 2007
  9. awe.... so dude... whatcha eatin for lunch?

    We get catered steak in today :D
     
    #89     Aug 20, 2007
  10. You are so clueless I wouldn't even know where to start explaining how the SPX pit works.

    Your one lots aren't screwing anyone. If anything they may annoy a broker that has to yell at Lynwood to have him put one of your prices up on the screen, most just book the order anyway, and the other side of your trade is usually not even a marketmaker.

    It's common sense to middle the market, you haven't discovered anything new.
    You get filled because the market makers don't mind trading small size at or near value, or a prop guy saw a dime edge by trading your order against a similar instrument.

    But after reading your responses to others, I don't even know why I am typing this, you are obviously a fool.
    Go trade something else if you don't like it.

    And yes I worked in the SPX for 5 years, and cash drips off me.


     
    #90     Aug 20, 2007
Thread Status:
Not open for further replies.