Search results

There has been a customer who has been selling the oex weekly out of the money call spreads each week. Last week they sold over 10,000. Could be a collection of different customers as the size continues to increase every minute. Currently they are offering the Nov 12 570/575 call spread about...

Just for a heads up, OEX and XEO spreads must trade in .05 increments.

Yes, or to not exercise an in the money option.

You received $47 for this trade less any commissions you had to pay. The risk is that some news comes out before 430 (central time) which causes the owner of the options to exercise them. Why would anyone buy them? If someone is short them they may free up margin to do another trade by...

Both

As was mentioned earlier there is no DPM for the SPX. Instead there are several firms that rotate on a monthly basis for supplying the "Auto Quote." There is no real incentive for them to provide a tight quote as their bids and offers can be traded instantly and electronically. They will keep...

I just posted this on a discussion in the Journal's forum. Binary options are traded on the SPX and the VIX (BSZ and BVZ) at the CBOE. They settle at either 1 or 0 depending whether they are in the money or not. For example if you were to buy the Aug 1000 BSZ call for .84, you would either...

Binary options are traded on the SPX and the VIX (BSZ and BVZ) at the CBOE. They settle at either 1 or 0 depending whether they are in the money or not. For example if you were to buy the Aug 1000 BSZ call for .84, you would either make .16 if the index settled above 1000 or lose .84 if it...

A few comments, For those worried about early exercise of OEX options, the CBOE now posts information just after the close (3:30 cst) on the number and series that are exercised. A complete listing is available at about 6:30pm. You will be given the percentage of open interest exercised...

I currently get a 13 cent rebate per 100 shares for executing on the NYSE when I add liquidity.