ANy index discussions are fine, I just saw the strikes and thought it was SPX. I will look at RUT since I have not traded it at all the past year and see what comments I have lol.
It is in the same section here JOURNALS and it is called "riskarb's combo conversions to fly" or something like that. "
ToS does not do any options on futures and probably will not for as long time (they say it has to do with their clearinghouse and other issues).
Actually Heather this is not just an spx forum...coach initially said he might do RUT/OEX etc ...if its any comfort at all I NEVER feel totally confident when I put on a trade...its only a few days later when I start to gain confidence in the position. The main thing is to manage your risk and have a plan A, B, and C of adjustments when/if your position gets into trouble. good luck
As far as options traded and strikes available in the front months, the liquiduty is fine. Where you take it in the ass is in the wide bid/ask spreads .
There seems to be a great deal more liquidity but the MM's are as @#$% as always:eek: sometimes a fill comes easily and other times forget it.
Thx, I can see this. On other hand once you have to trade two E-mini contracts for one SPX, spread does not look that bad.
Heather and Coach, I have the Feb. 750/760 calls and the 640/630 puts for RUT. But, as Donna said, always have your adjustments ready just in case. DAVE