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    SPX Credit Spread Trader

    coach i sent you a pm.did u get a chance to look at it. thanks
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    SPX Credit Spread Trader

    thanks for all the responses.I know every strategy has its own place but vertical spreads are becoming a real pain in volatile markets. I put on a PAPER MONEY diagonal(1375/1400 Oct/Nov calls and 1275/1250 Oct/Nov Puts) when SPX was around 1350 for a debit of $2.5 With all the action, the...
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    SPX Credit Spread Trader

    I finally closed my SPX 1365/1375 bear call spread. I had a wonderful oppertunity yesterday to close it for $1.70 when the market fell to 1357. But did i close it?. No:mad: This greed thingy got in the way again.After going through the emotional rollercoaster today when SPX went to 1372 at...
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    SPX Credit Spread Trader

    NOT FAIR :mad: :D:D:D:D
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    SPX Credit Spread Trader

    rdemyan I remember once you posted how to visualize SPX credit spread and SPY hedge in TOS. can you please direct me to that post or explain briefly.thanks
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    SPX Credit Spread Trader

    Coach I vowed not to get in this situation again but..... I have 20 SPX Oct 1365/1375 bear call spread--credit $0.90. I should have closed it when it was 1350 but that deer in headlights thingy happened again. can you please give me some advice or support. i will seriously evaluate my...
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    SPX Credit Spread Trader

    Murray If you dont mind, can you please show your initial double diagonal position numbers, two days before numbers when it was showing profit and and after you took the loss. everyone will benefit by comparing the DD numbers. thanks
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    SPX Credit Spread Trader

    Murray -10 SPX OCT 1375 CALL -- $0.75 credit 10 SPX NOV 1400 CALL -- $2.6 Debit -10 SPX OCT 1225 PUT -- $075 Credit 10 SPX NOV 1250 CALL -- $1.4 Debit ------------------------------------------------------ TOTAL DEBIT: $2.5 If i play the theta and delta, by the end of Oct...
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    SPX Credit Spread Trader

    Coach By DD i meant double diagonal. I didnot know that it was a symbol for some futures contract:eek: :eek:
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    SPX Credit Spread Trader

    Mark, Coach and others Can we use the DD to hedge against our traditional Credit Spreads?. For every 10 contracts of selling Credit spreads or IC, buy 1 DD.
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    SPX Credit Spread Trader

    I bought the following doubal diagonal for $2.5 per contract a few days ago.I sold it yesterday for $3 when volty jumped.My question(it may have already been answered, if so,i apologize) is with credid spreads the exit strategy is fixed.Just let them expire worthless. But with digonals, how do...
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    SPX Credit Spread Trader

    I know.i was trying to impress with fancy words... I will call and see.
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    SPX Credit Spread Trader

    Here's the answer from OX about the below hedged position. Kim: ok, in order to place this trade, you would still need to hold at least 50% of the amount of the short stock in cash Kim: there would be no releif for the long call to offset that position Heather: so you dont offer haircut...
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    SPX Credit Spread Trader

    Coach and others, My idea is scalping without worrying about greeks.I intend to purchase front month calls and keep shorting SPY whenever appropriate. If i do this in retail account i have to put up 50% stock cost as well as the cost of long calls which will reduce the ROI. But with just $2000...
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    SPX Credit Spread Trader

    What would be the haircut margin for the below position?. Short 1000 SPY (shorted at 133) Long 10 OCT 135 Calls Appreciate if some can throw some light.thanks
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    SPX Credit Spread Trader

    ryank Could you please share entry rules of you diagonal spreads?. thanks
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    SPX Credit Spread Trader

    thanks guys ----------------------------------------------------------------------------------- Make your ToS screen look like this. The green line is your position at expiration under current conditions (SPX level and VIX level). The white line is your position today at this moment. Make...
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    SPX Credit Spread Trader

    rdemyan I signed up for TOS and just downloaded the software. can you please walk me through the procedure to model this double diagonal in the simuated trades. I guess it will take me a couple of days to figure all these out.thanks, appreciate it..
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    SPX Credit Spread Trader

    Double Diagonal analysis: STO 10 Sept 1250 PUT -- $2.6 BTO 10 Oct 1225 Put --$5.9 STO 10 Sept 1325 Call -- $2.3 BTO 10 Oct 1350 Call--$4.6 ------------------------------------------------ Total $3.3 + $2.3 = $5.6 debit At Expiration: BTC 10 Sept 1250 PUT -- $0.25 STC 10 Oct...
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    SPX Credit Spread Trader

    SPX Sept 1310 straddle is $9 :eek:
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