Well, in the past, the SPX has been a market that A) required far more margin to trade since it has double the value of the OEX B) was mainly an institutional market where they would do some larger hedges...It has alot of Open Interest, but smaller volume at different strikes than the OEX C) Just never had the popularity that the OEX has enjoyed over the years...
Friday (aug 16) expiration: Code: Trade #..... 34 Statusâ¦â¦ closed Security OXBHP Indexâ¦.. OEX Call/Put Call Strikeâ¦.. 480 Date buy 15-Aug Time buy 14:25 Price buy 1.10 Quantity 5 Date sell 16-Aug Time sell Price sell 0.00 P/Lâ¦â¦â¦â¦â¦ -560 P/L %..... -101% My account evaporation: Dateâ¦â¦â¦â¦â¦ IB ($)⦠Diff $ Diff D% Diff TOTAL % 01-Aug-02 1 937 02-Aug-02 1 616 -320 -16.5% -16.5% 03-Aug-02 1 616 0 0.0% -16.5% 04-Aug-02 1 616 0 0.0% -16.5% 05-Aug-02 1 269 -347 -21.5% -34.5% 06-Aug-02 1 961 692 54.5% 1.3% 07-Aug-02 1 724 -237 -12.1% -11.0% 08-Aug-02 1 201 -523 -30.3% -38.0% 09-Aug-02 800 -401 -33.4% -58.7% 10-Aug-02 800 0 0.0% -58.7% 11-Aug-02 800 0 0.0% -58.7% 12-Aug-02 831 31 3.9% -57.1% 13-Aug-02 932 101 12.2% -51.9% 14-Aug-02 986 54 5.8% -49.1% 15-Aug-02 466 -520 -52.7% -75.9% 16-Aug-02 217 -249 -53.4% -88.8% 17-Aug-02 217 0 0.0% -88.8% 18-Aug-02 217 0 0.0% -88.8% 19-Aug-02 217 0 0.0% -88.8% I find it suitable to end on such a nice number as -88.8% Well, looking forward to my next speculator adventure: The e-minis. I will do some papertrading for a while. These will be updated on my webpage, not here. Looking forward to post some profitable future trades here on ET later on. /JT