SPX Credit Spread Trader

Yes I guess I should have specified the coffee since both are a little overpriced....

 

I attended the Thinkorswim Beyond the Basics class yesterday. It seemed to fit perfectly with what we discuss here on this board. When I get a little more time in the next day or so I will post more about it. We covered alot of ground so I am still digesting it and want to play with some of the ideas in a pricing calculator.

ryan

 

Ryan,

Looking forward to your post on this as, I'm sure , others are, too.

DAVE

 

Coach
I just entered RUT Feb 1320/1330 credit spread for $.50 for 10 contracts. I am curious to know your opinion.Its my first big trade and i am kind of feeling wierd.I guess you get confidence as you go along and the trick is not to get too confident, right?.

thanks

 

I concur. Since I am locked into my position and most of us are already in our positions for FEB and MARCH is still a week away from consideration we should use the down time to work on the basics!

I spent too much brain power this morning on the GOOG straddle over at riskarb's thread so my mind is mush lol.

 

Did you mean SPX instead of RUT?

 

No i meant RUT. oops sorry, it just occured to me that this is a SPX forum.Still, i sure would appreciate any input.

thanks

 

Coach, could you tell us where that thread is so we can see the discussion? Thanks

 

Do TOS allow options on futures and also options on DAX, FTSE and ESTX50?

 

How is SPX options` liquidity these days ?

I traded them some time ago but had to switch to Emini due to lack of certain strikes.