Recent content by reengleman

I just spoke with a rep at the CBOE about the SET being 5 points higher than the high of the day for the SPX. He responded that SET was a settlement figure, as opposed to an index number. When I asked if it could be lower than the previous day's close, he didn't know. I've learned my lesson, and...

I read an article of McMillan's that suggested using the "ISE electronic spread system" for trading the SPX; it was my understanding this product was an exclusive of the CBOE. I'm confused; please clarify. Thank you Bob engleman

For my 1st post, I've a question for those experienced with the S & P 500. Although I began trading options in ' 84, it wasn't until this May I began dabbling in the SPX. Yesterday, with the 1140/1125 showing 1.1 by 2.1, I entered my order @ 1.5. As the quote moved, finally to 1.3 by 2.8, and...