SPX Credit Spread Trader

Ok, here they go.

This is the call side only.

 

This is after adding the puts

 

This is a comparison between the two.

Now, let the games begin

 

These are the greeks.

 

This is an analysis of each leg at 1360. It shows the opening and close values by oct 31.

Volatility changes make a big difference, let me know if you want graphs with other vol values.

And sorry for spamming, but couldn't figure out how to attach more than one pic. per post.

 

THANKS!

Graph still looks to deep on the loss side and the shape is a little different than I was seeing but I am using SPX so I have to accont for the differences.

How did you work in EWs, I thought you said it does not recognize EWs yet? Curious since I am thinking of getting OV. Does Tradestation's OptionStation do the same thing as OV? Maybe they have options on futures...

 

It doesn't support EW from the point of view that it doesn't create the strikes or pull the quotes automatically. But you can add the expiration dates and strikes that you need and it will calculate the teorethical values properly.


[EDIT] When you order OV be sure to make them know you really want EW. The more people asking for it the faster they'll do it. They added weeklys not long after they became available, so EW should be close.

 

Got ya...

and THANKS. Will let you know. Going to check out OptionStation quickly to see as well..

 

In TOS how do I graph the decay in the value of an option over time.

Thanks.

 

Sign up with IB and use ES options and you can do these positions SPAN margin