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    SPX Credit Spread Trader

    What do you think about 2 verticals same strikes but diff months, short the front month and long the back month (or essentially 2 calendars one long one short) Such as (edit: prices are from last week when I was typing this) BTO Sept 1175 put STO Sep 1200 put Credit 2.05 BTO Dec...
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    SPX Credit Spread Trader

    havent traded the RUT but this quote may help you, I just happen to be looking it up myself, it was an answer to a question I had posted about cutting into the b/a
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    SPX Credit Spread Trader

    BTO 20 SPX 1150 put STO 20 SPX 1165 put Net credit .50 ROM .5/14.5 = 3.45% nice spike in the VIX here going into the close, 15.22 off the low of 14.07 for the day
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    SPX Credit Spread Trader

    Thanks although I should post it with this disclaimer: There is no reason to assume that the future is in any way encumbered by the limits of the past. case in point, nothing worse than a 90 point move towards your short leg, and THEN you get a black swan Date......... 30 day change...
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    SPX Credit Spread Trader

    Thought people might be interested in this 1 year SPX data as of Fri Aug 4, based on the daily close highest close 1,325.76 lowest close 1,176.84 best day 26.87 worst day -23.55 average up day 6.40 average down day -6.65 average up 30 day* 20.53 average down 30 day -28.18 best...
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    SPX Credit Spread Trader

    I've done hedged dividend capture a few times and all were successful, but I gave it up because I had to drop the put side to make money, so I had downside risk and my profit was more a result of stock picking than anything inherent in the strategy. And if I could consistently pick stocks I...
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    SPX Credit Spread Trader

    Question on the diagonals, is there a way to: 1) Estimate what your long leg would be worth at the expiration of the short leg? Assume all else equal - index, IV etc. I feel I should know how to do this already, using theta and days to exp, but I don’t seem to :p 2) Estimate what you...
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    SPX Credit Spread Trader

    I havent checked but that 1330 looks like an OCT to me not a Sept, hence a 30 day naked write (post Sept exp) not a free lunch :D
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    SPX Credit Spread Trader

    I am having the same problem, any comments would benefit me as well :)
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    SPX Credit Spread Trader

    thanks for all the replies, great great info well despite not getting filled, I think I picked a good entry. The spread actually turned NEGATIVE this morning (slight debit). I think I correctly identified it as over valued yesterday. which brings me to my next question. in looking as...
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    SPX Credit Spread Trader

    Hi all, Question about cutting into the b/a on the SPX, this didnt get filled today: BTO 20 1150 / STO 20 1160 put spread net credit of .20 SPX @ 1267 1150 was .50 - .70 1160 was .70 - 1.00 aka 0 / .50 Then it went to .50 - .65 and .70 - 1.00 aka .05 / .50 But they...
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    43% Of 1st Time Homebuyers Put $0 Down

    dont forget PMI. If you put down less than 20% on a home, most mortgage companies force you to pay for PMI, which insures the first 20% of a home's value. So if you buy at 100k, put down nothing, the market tanks and you walk away, the bank really only has 80k at risk. The first 20k is...
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    Why does Ameritrade allow long/short

    probably left over accounting methods from when short against the box was a common tax strategy. Old systems, never updated. Most retail brokers use ADP, or a system based on ADP, which has seperate cash, margin and short accounts as kotika describes. Who knows, if they auto- paired it off...
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    What is "Market Value" of an Option?

    Good gawd, why would they even hold that much? The max loss on a short 5 put is $500. I'll take your word for it though since I dont know their requirements. Thats messed up. I hate to ask this since I assume you know the difference, but are you sure you weren't assigned?
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    Pairs Trading Strategy Model

    At what point do you cut your losses if it keeps moving against you? Anyone who pair trades care to comment?
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    Series7 without working for a firm =How?

    sorosisgod, even if you got it, you should be aware that the series 7 will expire in 2 years if you are not employed by a broker/dealer at any point during that time.
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    Help with multiple monitors

    yup it came out last week, but I was just wondering if this would be it, or just how much further they could take it. Thanks for pointing out though, lotsa 2k users on this board :D
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    Help with multiple monitors

    this is a good point, Service Pack 1 is about to be released (if it hasn't already). XP Pro will probably continue to be improved, while I think Win2k is "done". I doubt MS would pour more money into improving 2k since they want you to buy XP. If you've got 2k already, stick with it, but...
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    Is IB a good firm for spreads?

    Anyone have any input here? :confused:
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    Help with multiple monitors

    Anyone using XP Pro? Is it better than 2k (or at least the same)? They cost about the same so I've been wondering...
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