Spx calendar AM-PM

Discussion in 'Options' started by cesfx, Sep 13, 2023.

  1. cesfx

    cesfx

    I was playing around the SPX chain, I normally ignore the AM expiries, but I noticed that the AM expiring tomorrow look slightly more expensive than tomorrow PM expiry.

    Is there anything I am missing here?

    There normally is when I spot these obvious opportunities.

    Screenshot_20230913_161832.jpg
     
  2. cesfx

    cesfx

    Ops....do they expire Friday morning although showing tomorrow Thursday 14th date?
    That would explain it
     
  3. mervyn

    mervyn

    well I am waiting for bill gross to say buy bonds and mike wilson to say buy stocks, until then, just coasting without efforts.
     
  4. FSU

    FSU

    Some brokers (Interactive Brokers) will list the last trading day. So even though they expire Sept 15 AM, Sept 14th is listed (as this is the last day to trade)

    This has caused a lot of confusion with some traders on IB.
     
    cesfx likes this.
  5. newwurldmn

    newwurldmn

    it caused IB to lose a 20mm lawsuit against a prop firm in NJ over vix settlement dates
     
    beginner66, nbbo, FSU and 1 other person like this.
  6. IBKR's approach also tricked me twice, glad tohear that i'm not alone
     
  7. traider

    traider

    How does this work? Why would a big prop firm even want to bother with IB?
     
  8. newwurldmn

    newwurldmn

    cesfx and beginner66 like this.