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    SPX b/o spread size- a real question about "THEY"

    Is that if you were to look at the volume for the smaller options recently vs what they had been like the previous few months, you may notice an increase in the amount trading, and thus the wider spreads (coupled with vol being low and people not thrilled about selling a ton of options cheap)...
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    Options Newsletter services

    Geez............ This sounds even hokier than most. Only 19 trades in almost 19 months ????????????? Don't post any results here, because that really looks like you are advertising for them. I'll give you a little leeway and assume that you're not affiliated with them, although it sounds kind...
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    Who's from Chicago?

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    Family Feud on ET

    ....or ABC vs XYZ:eek: Vega:D
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    Family Feud on ET

    NOMOREOPTIONS vs. the Evil Option MMs:p
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    Options Newsletter services

    And frankly, you're crazy if you sign up and pay for ANY option newsletter. Either the prices they recommend with be unobtainable or you will strictly be helping to move the market "their" way so that they can get out of a losing trade. Save your money, buy some good option trading books and...
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    SPX b/o spread size- a real question about "THEY"

    Couple of quick things about the primary MM in the SPX--THERE IS NONE (at least as of last year). With that pit (unlike the equities), the trading firm responsible for maintaining the autoquote changes weekly (Wolverine one week, Chicago Trading Company the next), so I suppose it's possible...
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    Calendar spreads

    How's this for irony. Two separate people that made there careers on an outtrade. First was a guy at Prudential that put an order in his personal acct to buy 20 big spoos (when it was still $500/pt) shortly after the market opened, he got a call from his broker 10 minutes later saying he...
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    Playing the Numbers

    So if the markets rally, you sell of the long ES side, and on the pull back buy the NQ ? Interesting, but I think it's 50/50 on guessing which will move more, seems to me like you may be better off just fading the first move and covering on the pull back. Definitely appealing, but then you're...
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    Playing the Numbers

    Cheaper ????????? Yeah sure, assuming you make more on the ES than you lose on the NQ:p :p :p Vega:D I know, that doesn't help.
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    Playing the Numbers

    Not as applicable for Greenspan, but for the other economic numbers, such as Michigan sentiment, you can sign up for the direct announcement from the source as opposed to waiting for it to be broadcast on CNBC or Reuters. Interviewed at a firm in Chicago, Resource Trading Group (mainly trade...
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    Calendar spreads

    That's classic............ Because he owns the farther outs, he may not have as much bloodshed due to the increase in vol across the board if that news came out, but obviously he loses being short deltas in that case. You know Mav, it's things like that scenario that really drive NOMORE...
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    Calendar spreads

    I get a head ache thinking of all the different ways to use this new contract. This (vix) seems like something that will really turn into a useful product. When's the last time that happened ???:eek: :eek: Vega:D
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    Calendar spreads

    I posted this originally in the thread regarding the new VIX futures, but I wanted to share this again. OK Don, so you like being short gamma, then this could be the best thing in the world for you and your bro. Let's say the VIX future is trading at 26, you sell the 28 put, which makes you...
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    ALERT! the best show on TV starts TONIGHT (10/28)!

    Nope, last time I played that game was on either nintendo or sega, have never played the online version if that's what you're talking about. It was fun to play that and Mortal Kombat at the local arcade, until some little 8 year-old kid repeatedly kicked my ass !!!!!!!:p :p Vega:D
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    ALERT! the best show on TV starts TONIGHT (10/28)!

    And Elisha Cuthbert (Kiefer's daughter on the show) is GREAT STUFF !!!!!!!!!!!!!!!!!!:eek: :eek: :eek: :eek: Vega:D
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    SPX b/o spread size- a real question about "THEY"

    One of the brokers I used to stand next to, the UBS broker, used to make fun of the MMs and call us liars. Why ?? He'd ask for a market, we'd say 15 bid at 16, he'd reply "At 16 huh, 15.80 bid "and we'd all go SOLLLLLLLLLLLLLLLDDDDDDDDDDDDDDD. He would then say, "why didn't you say you were at...
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    SPX b/o spread size- a real question about "THEY"

    There is a very easy way to cut the spread, but you have to do it the old fashioned way and actually physically pick up the phone and call a broker in the pit. As a former MM in that pit, I can tell you that there is no way anyone in there right mind is going to publicly post a tighter market...
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    Calendar spreads

    Long calendars--short gamma, period. Vega:D
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    Born Rich

    ROFLMAO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! That's some good shit TM..........
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