I want to simultaneously short slightly OTM ES calls and puts with the expectation that the S&P 500 will not make any major directional movements by the end of June. I'm pretty new to the options market so I was researching the CME website and apparently the ES June futures options expires on the 16th . Which is too early for my strategy. So looking on the CME website I also saw End of Month (EOM) ES futures options listed, these seem to be exactly what i've been looking for but the problem is that the ticker (EW) doesn't seem to work on the IB TWS platform. Does anyone know how i can trade these EOM options? Thanks fellas
Enter ES in TWS as normal. When the contract selection window appears, select EW from the "trading class" section in the lower left. See also: http://www.elitetrader.com/vb/showthread.php?s=&threadid=65999