Recent content by labib52

i was pricing butterfly call spread on the SPX this morning and I saw the following : Jan 1395 1415 1435 butterfly call spread with a bid of .80 and the ask of 7.10 My question for those who trade butterflies how do you negotiate this spread? do you go for the mid point ? or do you start low...

sorry about the flaw. the flaw is that at I didn't realize that the the ATM call could run more than $2.00 minutes before the close . My assumption was that the cost of ATM CALL was going for less than $2.00 . .If the ATM call is going for $2.00 or more you will lose money overall. If you pay...

here is the total 49 months with thursday close and friday set: month thursday close fri set difference 10/06 1366.96 1371.12 + 4.15 9/06 1316.28 1323.12 + 6.84 8/06 1297.48 1300.26 +...

I study the history of indices going back 49 months. Here is some findings might be of interest to you regarding the SPX and the Settlement Relationship of The Closing Price of the SPX on the third Thursday of every month and the Settlement that follows Friday mornings. Out of the past 49...

Here is a trade I like to share with you: Yesterday 6/13/06 when the DIA was 108.10 I sold the July 105 –99 Bull Put Spread for a credit of .80 When I saw the DIA continued to go down I bought The following Butterfly Put spread for protection 106- 102- 98 for a debit of .50 when the...

Try out of the money calendar spreads on the SPY, or DIA

Some SPX facts to consider Since reaching intraday low of 1168.20 on 10/13/05 and Intraday high of 1318.16 on 4/20/06 the SPX has advanced 149.96 points . SPX closed Positive for the last 6 settlements for the total gain of 136.97 points. Most of these points were gained on November/05...

I trade with OX and it seems that they don't have a profit loss analysis on their trade calculator for Diagonal spreads and Calendar spreads . Does TOS software have that ability? for those who use TOS. will appreciate the response. Labib Imtanes

What you actually created is 6 calendar call spread preads for April may at 625 call. and : 4 diagonal call spread for april may selling the 605 April call and buying the 625 call. Labib Imtanes

You will not able to do that. You will be naked for April and margin requirement is enormous. Labib Imtanes

Thank you that's the definition that OX give , but which one do you use?

Quotes Refresh Last Bid Ask SPX 1,290.93 1,290.75 1,291.26 .SZPPS 19.5 18.9 20.5 .SZPPO 12.3 12.5 13.7 NBBO Quote 5.20 8.00 Direct Quote 6.50 7.70 New! Tighter Quotes I was pricing a debit spread 1295- 1275 put debit spread and I got the above Quotes. Does...

I think this case is different , I'm buying the 1600 and selling the 1550 put. This is a debit spread , paid in cash . They deduct the amount from your account and no margin involved.

Yes it is Dec 2006 it was around $ 46.50 but I was trying GTC with a debit of $44 if it's filled will be $600 return on margin $4400 = %13.6 for 11 months and extremely low risk . I don't think the SPX wil hit 1550 by Dec. 2006 Labib Imtanes

This morning I was trying the following trade online : Buy to open SPX DEC 1600 P Sell to open SPX DEC 1550 P I got the following message from OX: ATTENTION To place trades on securities with inverted pricing, please contact our trading desk at (888) 280-6505. when I...