Recent content by spreadem

My time frame is multi-month.

PL/GC ratio is at .90 which is near 3 year lows. We're rolling from PLN/GCM to PLV/GCV. We also added one more PLV/GCV at -110.

I rolled over from PLJ/GCJ to PLN/GCM. The spread is still -55 to -60 zone because of overall metals complex weakness. It will take metals complex to bottom and turn higher for the spread to go our way. Since we can't predict the future we just expanded our time frame. We'll wait ... it'll...

Fix8.org looks promising.

After widening to -60 the spread is starting to come in, helped by metals forming a bottoming chart formation. The april spread has about 20 days to trade. I started out thinking the PLJ/GCJ could go back to 0.0 by now... still -30.0 puts me in the profit zone.

This spread has a strong directional component on the NQ side.

Hi mmt, I had a similar request last year. I settled on a FCM that offered good but not great rates. How did you do?

Yet another down swing in this trade ... I'm just expanding my time horizon.

Just curious .... Are they any fundamental or seasonal reasons that cause these type of condors and butterflies to move the way they are moving?

Checking out the spread sitting @ -17. If metals complex gets firm soon the spread could go our way.

Yes I'm still in. I bought in @ -16 and @ -46. I'm about back even now after being way underwater. Playing for the spread to expand upside when metals complex make a bullish move. Lately metals complex has been weak.

I'm in Miami several times a year as well ... let us know when you're set up.

Been long for a few weeks now and watched my profits vanish. I think I'll hold for a little longer.

Taking another shot with spread -46.0 ... yep, I'm doubling down.

Yes ... about $5800 with a profit objective of $2000. That's about 34%. Luv those margin credit spreads !!!