Search results

My understanding is "the natural" in your example would be 0.4 if you are selling and 0.8 if you are buying

Daytrader, you are absolutely correct; I did not state that well. I tried to get one or the other of those two spreads filled but was succesful with neither. I could not have done both since that would have given me both a long and a short on the 1160 strike.

I tried really hard during the last 30 minutes of the market to fill put credit spreads (both 1150/1160 and 1160/1170) at midpoint of B/A spread and even offered them at 0.15 off midpoint. No fills. I guess they didn't want to play today. Phil, I think you are right on target that there...