Do not forget my holiday gift to all my friends here posted on the previous page, I do not want it to get lost in the thread!
Coach, If you're feeling up to the challenge... it may be a worthly experiment to test out the fills, best fills, and time of fill, at all three brokers.... OX, TS, ToS... all at the same time. I think you're one of the few who have accounts at all three. My reasoning here is... I think ToS has made the greatest strides in the past year.... software & customer support... over the other two (TS & OX), but I really think TS is coming to compete with OX & ToS. They have lowered the commissions, lowered the minimum monthly contract requirements, etc. And I really like TS's charting and analysis software a little better than Tos. It may be interesting to test the waters now... and again in six months from now..... kinda like data sampling. Thanks, Murray
Looks like the bullish breakout has been reconfirmed in the SPX with the movements in the past few days. Makes puts still the side to be on for selling premium. I still see 1340 as a projected price target in the next two months. Perhaps I should look into buying the deep OTM 1330/1340 call spread lol for FEB or later. Either way I will still ride the move higher with puts in JAN and FEB.
Why not? It's about 8 weeks to expiration and the current mid on the 1330/1345 is $1.10. However, given the likelihood of a Santa Claus rally at the end of the year, probably would be better to wait and get an even larger credit or go further OTM.
Actually I offered the suggestion that if 1340 is my price target then perhaps I should BUY the OTM call spread 2 months out.....
I'm still gonna wait probably until the end of the year or early January. But in anticipation, I called to have the FEB SPX 1335 and 1340 added. BTW: I know you have the 45 day rule, but do you make exceptions.