How to short the S&P using options? Day & swing puts

Discussion in 'Options' started by KCalhoun, Sep 11, 2021.

  1. ondafringe

    ondafringe

    That's because he is a "day trader." You are not a "day trader." SPX does not have to have sex with Greeks. You will have to have group sex with a lot of Greeks. SPX does not have your answer. Dest has your answer.
     
    #121     Sep 13, 2021
  2. ondafringe

    ondafringe

    Hey, it was a joke, as was mine.
     
    #122     Sep 13, 2021
    OptionsOptionsOptions likes this.
  3. Overnight

    Overnight

    Why are you talking about the SPX? That has NOTHING to do with the NQ. Hello?
     
    #123     Sep 13, 2021
  4. taowave

    taowave

    Agreed,it was all in jest

     
    #124     Sep 13, 2021
  5. ondafringe

    ondafringe

    It was shorthand for @SPX Options Trader. Settle down, you're getting overheated.
     
    #125     Sep 13, 2021
  6. Overnight

    Overnight

    Lol, it is because you options folks are all totally insane! Nuts! I have no idea what is going on now, haha.

    At least your nick, onda, is about where I sit in the sanity department.
     
    #126     Sep 13, 2021
    KCalhoun and ondafringe like this.

    • It was a joke not directed at you.
    • I don't follow option greeks - to me they are as useful as taking it up the ass.
    • My post was sort of a play on words.
     
    #127     Sep 13, 2021
    taowave likes this.
  7. ondafringe

    ondafringe

    I'm not an options person, either. I'm almost as confused as you are. And no one answered my question on Page 8, which would have helped un-confuse me, at least a little.
     
    #128     Sep 13, 2021
  8. Overnight

    Overnight

    That brings up another question...

    The SPX and SPY are the things going away, yes? The SPX are options on the SPY? So that would seem to me that SPXOptiontrader's name is going to become pointless, since they will go away.

    So will his only choice for trading SPX-style options left be FOPs on the ES? OMG, is he coming over to the futures space?
     
    #129     Sep 13, 2021
  9. ondafringe

    ondafringe

    SPX and SPY each have their own options. I believe SPX options are American and settle to cash, and SPY options are European and settle to shares (or something like that).
     
    #130     Sep 13, 2021