SPX Credit Spread Trader

You mean you are looking at putting on your June position(s) soon and get out of them in early June? I'm sure you are aware your May positions expire on 5/19

I tried to get into a June 1380/1390 call spread yesterday but didn't get filled.

 

Which channel are you looking at?

 

I will most likely ride my MAY positions until close to expiration since we have a FED meeting coming up and that will have some nice swings and just chew up the market. I may grab some June now for the prop although I just entered a quick MAY scalp using 1250/1255s....

So June is still just a wish list for now

 

I would have guessed you were watching E! to catch some glimpses of JA

 

JUN puts,.... I don't know Coach, might be playing with fire (sing the Johnny Cash song)...

 

Well it may be moot since I am loaded in MAY right now so might not be able to enter JUNE for another week or two.

 

I'm considering more bear calls if SPX reaches 1320 or bull puts if we get down around 1295. I've got another couple weeks to get the timing right, so I'm in no hurry.

 

You may want to consider initiating these positions with 45d to expiration and rolling 15d to expiration.

 

Was this response to me or OC?