Search results

  1. R

    SPX Credit Spread Trader

    The 1300/1310 is a little too close for my comfort but only time will tell. Good luck! ryan
  2. R

    SPX Credit Spread Trader

    They also play with t/a, oops, I mean b/a! I heard a Jessica Alba reference on the radio a little bit ago, sorry, mind was in the gutter. ryan
  3. R

    SPX Credit Spread Trader

    The other day on CBOE TV they were saying the MM's play with IV so you don't really get the 3 day decay over the long weekend. They said it would happen again this weekend with the long holiday, just like last weekend. ryan
  4. R

    SPX Credit Spread Trader

    Donna, Your call spread is looking pretty good right now, looks like I may have missed an opportunity (at least short term). I'm at about break even on my put spread with the recent dips. Volume should start to pick up as next week moves along. That should give us an idea as to whether...
  5. R

    SPX Credit Spread Trader

    Support is holding with low volume typical of this time of year. Not sure if that is a good sign (for the bulls that is) or not. ryan
  6. R

    SPX Credit Spread Trader

    Donna, I saw on another board that you got into a 1325/1335 call spread. When did you open the position? I tried to get into the 1320/1330 a few times last week but couldn't get enough credit to make it worth my while. ryan
  7. R

    SPX Credit Spread Trader

    I was watching Dr. J on CBOE TV tonight and he addressed the time decay over a holiday weekend. Is he a lurker on this board lol :). Check it out at www.cboe.com.
  8. R

    SPX Credit Spread Trader

    I don't have any data to back it up but from my experience I tend to agree. My spreads are never quite where I expect them to be come Monday morning. I always figure it is those grinches the MMs making trouble for me :D ryan
  9. R

    SPX Credit Spread Trader

    I never did get around to posting my results for Dec. I opened an 1195/1205 put spread and a 1300/1310 call spread about 30 days before expiration for $1.00 credit total. I closed for $.05 each side 2 days before expiration for a net credit of $.90 (before commissions) which I was quite happy...
  10. R

    SPX Credit Spread Trader

    That's what I keep looking at, not sure where the surge would slow down. If the SPX is hovering around 1300 the talking heads will go crazy so there might be some initial resistance there. I think I will sit tight until after the new year and see if we can get a feel for direction. Right now...
  11. R

    SPX Credit Spread Trader

    You got a pretty good credit at some pretty good strikes. You never know what can happen between now and expiration but I like where you are sitting right now. Make sure to manage your risk. ryan
  12. R

    SPX Credit Spread Trader

    I got filled on the 1190/1200 a few days ago, for me it is nice to see the premium evaporating :). I've been looking at different levels on the call side but haven't taken a swing yet. Anybody else going to play the call side for Jan? ryan
  13. R

    SPX Credit Spread Trader

    Optionsxpress has an active trader discount and ToS will match it or has a similar program. ryan
  14. R

    SPX Credit Spread Trader

    The trading desk people at Optionsxpress were grumpy last week, maybe it's a bug going around. ryan
  15. R

    SPX Credit Spread Trader

    With the drop in the market today I was able to go 5 points lower on the strike and get the same premium I was looking for on Thursday/Friday. With the drop I am still roughly the same amount away from the current index level with the same premium. Unfortunately a little frustration came into...
  16. R

    SPX Credit Spread Trader

    I'm still scratching my head over this one. The index was up about 2 points this morning and dropped to just under 0 and the mid dropped while I was watching it. I still can't figure it out. Now afterhours (I was away from my computer most of the afternoon so I'm sure this happened in the...
  17. R

    SPX Credit Spread Trader

    After you post your post look in the lower right hand corner of your post box. Click on the Edit/Delete link and you can do your editing. ryan
  18. R

    SPX Credit Spread Trader

    On Thursday and Friday last week I was trying to get the 1195/1205 filled at .10 under the mid with no luck. Tried again this morning and watched my order go unfilled for over 30 minutes (at .10 under the mid) before the premium evaporated. When the market started dropping this afternoon I...
  19. R

    SPX Credit Spread Trader

    I've learned 2 new things about ET in the last week or so. 1) How to search using text. 2) That I can edit my posts even after they are posted, a very handy feature. Thanks for the info. ryan
  20. R

    SPX Credit Spread Trader

    ...sucked OUT of...
Back
Top