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  1. M

    SPX Credit Spread Trader

    << Quote from rallymode: I cant help but note how this is turning into a "figure out the way mav trades" discussion. I dont want to be rude but it almost sounds like people are asking for a handout. In my opinion, if you haven't figured out the way mav trades by now, you will not be able to...
  2. M

    SPX Credit Spread Trader

    Question. ES Futures contracts (Globex) are only available in Dec/Mar (USDollars). Yet Globex January ES Futures Options are available to trade. Since I cannot obtain either quotes or charts on Jan ES Futures, how do you determine the value of the underlying Jan ES Futures which are...
  3. M

    SPX Credit Spread Trader

    Murray, I know you weren't talking to me, but I've been stalling testing ToS for over a month. IB is a nice place to trade, but ToS seems to have superior analytical capabilities. Thanks for pushing me over the edge. D
  4. M

    SPX Credit Spread Trader

    You take your opportunities when they come... Got a small 1340/1330 Put bull spread @ .60 on 11/27 w 18 days to expire. Would have wanted a larger position, but was hoping for a little more follow thru to the down side for even more premium or even lower put spread levels. My TA indicated two...
  5. M

    SPX Credit Spread Trader

    Due to a hand injury, I often times "shortcut" the quoting process by skipping ths Shift key. But it is not a big deal for me to make the effort. :)
  6. M

    SPX Credit Spread Trader

    I've got all of the posts from this forum archived, there are plenty of recent examples of options trading 'lingo' that without referenced examples could otherwise be catagorized as 'babble' from knowledgeable traders. And then someone like Sailing comes along and gives solid examples of...
  7. M

    SPX Credit Spread Trader

    Ugly... You're a real stinker. All that statistical sigma & + expectancy dialog, only to finally reveal what a level-headed and devious mind you have. LOL. Mech
  8. M

    SPX Credit Spread Trader

    Why not just either answer the question in your own words, or just tell the other guy to bugger off? Probably better than hiding behind a complex technical paper that the majority of eyes would glaze over trying to understand.:mad:
  9. M

    SPX Credit Spread Trader

    Just for grins, I restricted the original 200 months to only those months that started with a VIX < 12. Again... FWIW
  10. M

    SPX Credit Spread Trader

    Attached is a jpeg of a Chart representing SPX Expire Month %ROC for the past 200 months. It is sorted in %ROC sequence to show extremes at each end of %ROC. I've found similar info on the web, but nothing that went back this far. Offered FWIW. Mech
  11. M

    SPX Credit Spread Trader

    Got it.... Thanks
  12. M

    SPX Credit Spread Trader

    700bps? The only posts in the entire journal that use the acronym 'bps', refer to Bull Put Spreads. Burr referred to a DEC 1460/1470 SPX call spread. So what does the term 700bps volatility refer to? And if a debit spread might be more appropriate, what strikes might you be inclined to...
  13. M

    SPX Credit Spread Trader

    If you are trading w IB, then RUT is one their "Penny Options". They may have matched your offer with another IB Customer's Ask before going out to a MM. Unless I am mis-understanding the 'Penny Option' concept.
  14. M

    SPX Credit Spread Trader

    No argument here. Like I said, there are some really smart people on this forum, and you just demonstrated it. But for the sake of discussion, does this area of analysis pertain to "All" Options speculators (including retail traders), or just the 'inside' crowd who get special margin rates &...
  15. M

    SPX Credit Spread Trader

    Thanks. I'll be awhile trying to get my head wrapped around that.
  16. M

    SPX Credit Spread Trader

    Recent posts have turned a little contentious, but that is not all bad. In fact, friction can bring forth information in a sequence that makes for better absorption by the reader. The “Sigma 10” catastrophe event discussion from earlier has now been driven home by the crowd who prefer...
  17. M

    SPX Credit Spread Trader

    Been studying the thread for a few days and decided to get back into the saddle with SPX Spreads. STO SPX NOV06 1325/1310 PUT SPREAD CREDIT 0.55 17 DAYS REMAINING SPX was @ 1373.50 ACTUAL RETURN = 3.57% (If expires worthless) Monthly calculated Return = 6.29% Annual calculated Return...
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