I wouldnt take advice from someone who isnt familiar with simple contract specs. Everyone i know who trades these refers to them by months or duration not symbols so feel free to call your flies as you wish, anyone with half a brain who can pull up a quote understands what you are talking about.
When I was on the institutional side, we even did ES rolls by month (for example: Dec-Mar roll). Maybe the futures guys translated that for the floors. That I don't know.
you're right. thanks all for clarifying the notation. now that i've got everyone's attention... are there any opinions on why the jun/jul spread is the widest 1m spread on the curve?
Jgills & cdcaveman- I do see the synthetic VIX spreads trade in $10 increments. I stand corrected on this. nice get. SLE chimed in with his 2 cents but me thinks I hear crickets...with relation to his post.:eek: :
I see no prob with what sle said- i work on an OTC desk and thats where i learned the lingo. I dont think sle needs recognition to feel his post mattered. If you have nothing productive to say on the topic of the thread can you please stop posting here
Somehow you trade this stuff, ostensibly in some professional capacity, yet you don't know the spreads trade in pennies? How is that possible? You're going to wait for it to go 65x70 here?