SPX Credit Spread Trader

Discussion in 'Journals' started by El OchoCinco, May 17, 2005.

  1. It could have something to do with the amount of trades made...

     
    #5201     Apr 18, 2006
  2. rdemyan

    rdemyan

    You should be getting filled now at a good price. The natural is $0.55 and the mid is $0.85.


     
    #5202     Apr 18, 2006
  3. I still have good legs but my day in the sun is gone:p

    Just got filled 1345/1355call may for .75....
     
    #5203     Apr 18, 2006
  4. rdemyan

    rdemyan

    I'm sooooo glad I was able to pave the way for you! :(


     
    #5204     Apr 18, 2006
  5. $.75? Wow, I received a $.90 credit.

    :p
     
    #5205     Apr 18, 2006
  6. :mad: lets see YOUR legs:eek:
     
    #5206     Apr 18, 2006
  7. Coach and Murray...with this upsurg in spx how is the call diag going? Coach are you going to hold on to May's calls in the diag I know Murray said he would be closing the spread and opening a new one.
     
    #5207     Apr 18, 2006
  8. Well the current line on the diagonal is an unrealized profit of about $900. The April call is practically worthless and the May 1375 Call is about $0.35. Might open a MAY/JUNE diagonal this week and think about what to do with the MAY Calls.
     
    #5208     Apr 18, 2006
  9. I was, of course, kidding.

    I wouldn't want you to get that distracted while trading.
     
    #5209     Apr 18, 2006
  10. Nice rally going on today, i had written off a may call position but i guess another day like this and i may get some bear call spreads after all.
     
    #5210     Apr 18, 2006