An implied spread is one where your software constructs the spread for you and executes it as a spread. Your broker will margin it effectively as an inter-market spread. It should be on their website or ask them to be sure. Granted, futures brokers are different then places like IB and TDA. I seem to recall the overnight margin being something around $750 per spread. It may even be less now with vol so low.
Its quoted as a positive number. inferring that its GTB - GE..I'm guessing.. I constructed the spread.. Tomorrow when the market is open i'll check the margin on it.. Why did you mention the number lines working for vix.. where did that come from..
Oh, just following up from TJ's question on the VIX thread. I meant to mention that before on here and I wanted to post that before I forgot. All the A levels are spot on and the number lines are very effective. Great if you trade the VX futures or stuff like XIV or VXX.
The Yen crosses are EXPLODING tonight. The action continues on. Number lines telegraphed this action well.
Re:X 1) Price breaks out 2) GS upgrades. http://www.benzinga.com/analyst-rat...an-sachs-upgrades-united-states-steel-on-ben# 3) Everybody and his dog talks about it. http://m.seekingalpha.com/article/1873041
Yup, I have no interest in it now. The easy money has been made. It will be an ugly mess now. <iframe width="560" height="315" src="//www.youtube.com/embed/O5EsNV-gyr8" frameborder="0" allowfullscreen></iframe>
big move in CL for the beginning of the month... In and out of a front bear fly for +.10 over night even though the price went directly against me..
anyone playing yen complexes...usd/jpy is on a pullback....cad/jpy is also pulling back...but cad has been weak across the board
The action has been in Brent/WTI. Absolutely historic move the last few months. From parity to $17 plus. Absolute monster move. No other way to describe it. Keep an eye on that beast.