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  1. R

    SPX Credit Spread Trader

    I'm sooooo glad I was able to pave the way for you! :(
  2. R

    SPX Credit Spread Trader

    You should be getting filled now at a good price. The natural is $0.55 and the mid is $0.85.
  3. R

    SPX Credit Spread Trader

    Yeah, I'll be looking to buy a SPY hedge here on the next down day. I'm currently trying to unload my existing May 1370/1385 bear call for $0.10 for a nice tidy profit. No takers yet, unless you're in a giving mood. :) Actually, that brings up an interesting question. Is it possible...
  4. R

    SPX Credit Spread Trader

    Took some time, but I finally got filled on the following: May 1345/1355 SPX bear call at $0.65
  5. R

    SPX Credit Spread Trader

    The 6781 was automatically generated by GainsKeeper. To be honest, I don't understand it exactly and don't have the time to understand Section 1256 for the 2005 taxes. But the 6781 reduced my cap gains by over $3000. Actually, I guess it will be closer to around 150 this year. Do you...
  6. R

    SPX Credit Spread Trader

    Hey Andy: I don't know about you, but I'm pretty much only trading in my ToS account. Thanks for the great advice on using OX Gainskeeper. It was great for generating the D schedule and the 6781. The ToS worksheet doesn't even compare. But I'm wondering what I'm going to do for the...
  7. R

    SPX Credit Spread Trader

    Thanks, Andy. It is convenient. Maybe we can get ToS to adopt it.
  8. R

    SPX Credit Spread Trader

    Guys: I could use a little help with getting my OX transactions for 2005 in a form where I can attach them to my tax return. As I noted below the only spreadsheet I've been able to download lists each buy and sell as an individual row, which means I'll have to marry them up for the IRS...
  9. R

    SPX Credit Spread Trader

    Thanks, Donna, you're a peach! Do you know if OX has a tax worksheet like the one in ToS? I'm searching through their website and I can't find one. I have found a spreadsheet that can be downloaded but it lists each transaction (buy and sell) separately. If I use this I'll have to manually...
  10. R

    SPX Credit Spread Trader

    I hope somebody is out there who can HELP!!!! I shouldn't have waited so long to do my taxes, but.... 2005 is the first year I started trading ICs and so there are a ton of individual transactions. There is a continuation sheet for Schedule D call D-1. Can I substitute a spreadsheet...
  11. R

    SPX Credit Spread Trader

    Not just nice, but great for a FOTM credit spread. It seems like from your posts that you've been making good money legging into these spreads over the last few months. It can be a risky strategy but you seem to have handled it well. Is that your take, and, if so, do you credit that...
  12. R

    SPX Credit Spread Trader

    Thanks. I'd like to learn more about futures. Any suggestions on where to start?
  13. R

    SPX Credit Spread Trader

    Coach: I still don't see how futures provide an advantage if you've already missed the move down in a black swan event. The advantages of futures that I'm aware of are: 1) Generally tighter bid/asks 2) Better liquidity than options??? 3) Traded more hours during the day/night than...
  14. R

    SPX Credit Spread Trader

    Yeah Mo, you've been missed. Your command of navigating and searching through this forum is unparalleled. I vote we make you the forum secretary. If Mo can't find it, nobody can. :) BTW: How did your Google positions turn out?
  15. R

    SPX Credit Spread Trader

    Coach: Could you walk me through a scenario of a black swan event where you then purchase futures. I think we have to assume that you purchase the futures after the event, so haven't you then missed the major move down just as with options. I don't know very much at all about futures, so I...
  16. R

    SPX Credit Spread Trader

    Not that I'm in this category, but why do you need to do wider strikes with a mult-milllion dollar account. Is it because if you only did 10 or 15 point wide strikes you would be trying to sell too many contracts?
  17. R

    SPX Credit Spread Trader

    Skanan: Did you finally get filled on your May bull put spread?
  18. R

    SPX Credit Spread Trader

    My diary says 1300 when I was going for $0.45. I forgot to write down what it was for the $0.50 fill, but I seem to recall around 1298. My impression is that the velocity of the drop needs to be relatively fast in order to get fills like my second fill. While waiting for my second order to...
  19. R

    SPX Credit Spread Trader

    Decided to jump in the water with Coach: 1) Got filled on the following: SPX 1215/1225 bull put at $0.45 2) Then got filled later for half as many contracts as earlier: SPX 1215/1225 bull put at $0.50 3) Bought the May 20 VIX in a quantity of 1/3 of my total SPX bull put contracts...
  20. R

    SPX Credit Spread Trader

    I'm just going to add one comment on the VIX hedging issue, which it seems to me is a good idea. I think the severity of future likely black swan events is being severely underestimated. If a coordinated effort sets off a number of dirty bombs across the U.S., I'm not convinced that the VIX...
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