There's plenty of volume on the bid/ask in the DOM in the micros... plus on the e-minis... to trade just about any size* any trader wants to do.
*Yeah, it's still a hassle to trade 5000-lots in the ES.
You need to take the card apart to clean it out? Can't you just blow some air into it? I blow my computers out twice a year. That's apparently good enough.
According to a news crawler on Bloomberg today...
"District courts have imposed more injunctions on Trump than on all of the prior 40 presidents combined...."
FWIW...
Seems few "get it".
"All debt gets accounted for by somebody, eventually".
Most often, the one who "pays for it" is not the one who enjoyed the borrowing/spending.
America has what, $22T in national debt... + another $200T in unfunded obligations? Who is to pay for that and how?
"Thank...
Trump is big into RE. Lots of depreciation "losses". Without more details, we know nothing.
His tax returns shouldn't be an issue. After all, he was elected mostly because he isn't HELLARY!!
Hey dumbfuck, can't you read? The topic is "writing covered calls in a B&H portfolio", not selling puts. Not only that, you've been a real ass what you presume to know. UP YOURS AND ON IGNORE!!
But aren't you still no worse off then if you'd held the stock through the decline... plus you have collected premium... ??
Seems to me that if somebody were going to hold a portfolio "through thick and thin", he'd be writing calls all the time.
So... you're holding a stock @ $50 with a written call @$60. You get called away @$60 and immediately rebuy @$60 and write a new call @$70. Messy logistics, but where's the downside performance hit?
If someone fared better, probably not by much.
I was thinking about the shock of seeing a nealy 1% drop in the index in 1 minute... likely against leveraged long noobs who probably didn't have stops in place.
You know, they finally get a chance to play.... and get clobbered the 1st day.
I wasn't at the screen to watch it, but my charts show it starting in the 20-second bar ending 14:58:40 and ending 14:59:40.... 24 point drop in only 1 minute, and just before the close.
My point about it being "rude" was the impact on what were likely new traders... taken aback by this rapid...
Pardon? That seems incongruous..
How is it that receiving option premium income can reduce the net return over merely holding the index? Is the premium income less than the commission cost to place the option trade? Is there some sort of other fee or benefit excluded??
In the immortal words of Mr. Spock, "When you have eliminated all other possibilities, whatever remains.... regardless of how improbable it seems... must be the truth".
Same with trading. :)
Trump has "cried wolf", jaw-boned, and flip-flopped on the supposed trade deal with China so many times before, that the players are not believing it this time.
BTFD! (Maybe :))
Yes. Everthing in the micro is exactly the same as the ES except at 1/10 of the value. (Commission differences, if any excepted).
For some guy with limited capital the MES can be traded where the ES is too big for him. (My trading career began with $25/mo on a bank draft into Templeton...
Interesting you mention this.
When the ES came along, the commission cost of "5 ES" was greater than the commission cost of "1 SP Big Contract" for the same notional value.... but the slippage and spread costs were consistently less in the ES, so it has become the preferred. (Last time I...