Cash is implied at 124700. I hope we see a bounce, but today was extremely troublesome. The fact that we couldn't hold a 10 point gain and closed down the equivalent is ominous. Who knows, we could be up 20 on SPX tomorrow, although I'd bet on limit-down over 20 up.
cashe thanks.I will grope around OX to find something similar.I dont know if i can check out the software in TOS without opening an account...
Sold ES long at 1251. Gain 2 points per car. Still trading at a 4.5 point discount to cash. This will probably get bid up to 1255 or so later on.
When the market opened up strongly I took off the GTC order since I was going to be out all day and do not like leaving an order like that. I will place another order tonight a little further OTM given the drop. In my prop account I bought 10 AUG 15 Calls for $1.65 or so and they were at $1.75 or higher on the bid so gonna play run up in IV over the next few months. Will let you know if I get filled. Family medical emergency is gonna keep me away from the computer during most trading hours the next week or so, so we will see if I get any JUNE positions.
Placed a GTC order for the following: -225 SPX JUN 1150/1165 Put Spreads @ $0.85. VIX spike helping me go further OTM if I get filled. Will most likely add some VIX or SPY partial hedges early since I do not think 1165 is at risk but 1200 could come into play soon if we keep seeing selling pressure like today.