The S&P is looking very toppy

James,

I just proved you WRONG!

If anyone else has something to say, speak up!

 

are you insane? short 200 calls @ 2 = $40K. You said 100K. You are wrong. I am right.

Or do you still want to dispute 200 @ 2 = 40K?

 

James,

Maybe you should start a journal. Those are more protected from attacks. This thread is getting out of hand.

Thanks.

 

Then please help out. We have some maniac crying that 200 x 2 does not equal 40K. Stop the madness.

I want to talk about a toppy S&P.

 

S&P 500 Futures contract is valued at $250 x index value. $1=$250

 

will someone, anyone on ET please explain to this person that options on the S&P index trade on the cboe and are valued at $1=$100. Please?

 

Wait a minute, I think I see the confusion here. James are you short S&P options or SPX options. There is a difference. The S&P options have a multiplier of 250 not 100. The SPX have a multiplier of 100. So are these SPX options or S&P?

 

This guy reminds me of mrmarket.

 

******
S&P 500 Options on Futures trade on the CME not the CBOE. Its 250x not 100x!!!

 

I'm short the szp bt, which is the spx.

Thanks for helping out.

I'm only talking about a toppy S&P from now on.