Search results

We're not considering a 1:1 ratio at this time.... it introduces RISK. Although... not nearly as much as if you were into a credit spread. Remember, as the market moves toward your short (risk area), the next month out long is making money and taking in possible volatility. We really...

Ryan, What is nice about the double diagonal... is you have choices. Unlike the front month credit spreads.... you're in or you're out. An adjustment in the Credit Spreads usually constitutes a closing of a position and an opening of a new position. And when you make this adjustment...

Coach, Our goal was to put on the spread for EVEN. We worked with strike prices available in May first to determine what longs were available to buy, then worked backwards to find the number of nearer term shorts in April which would cover the cost of the trade ratioed around 70% to give us...

Donna, The probability of the shorts expiring worthless is relative to the model you're using or the discussion group you're following. This discussion has taken place in many of these groups, journals, blogs, and is currently being discussed at the optionclub.com site. So to answer your...

Coach, Your opinion appreciated on our calendar diagonals! We've been dabbing into double diagonals as of late. Seems too good to be true. And we love volatility... it really helps this trade... the position takes in credit and profits through a tremendous range.... and risk is...

Can you give us some insight as to how trading the RUT compares to trading the SPX, based on your credit trading experiences. Thanks, Murray

This is the only FREE site which I know provides you this data Hope it is Helpful, Murray

An example of the SPX SPX March 1275 Call Option Intra-day Prices (today) http://host.businessweek.com/businessweek/Historical_Quotes.html?Symbol=SZPCO&StartDate=03%2F08%2F06&EndDate=03%2F08%2F06&Type=5&Format=0&Button=Get+Quotes Hope this Help.... it's great for back testing. Murray

Historical Option Contract Prices: Not sure if the entire link copied, so here it is http://host.businessweek.com/businessweek/Historical_Quotes.html?Button=NEW+REQUEST&Symbol=WIB+AR Murray

You can look up the price of each individual option contract at the specific time you are interested and calculate the spread between them. The site will give you historical prices throughout the day. You do need to wait after close of the day of trading to back check the option contract...

You can go here and het inter-day and intra-day option quotes on current contracts. http://host.businessweek.com/businessweek/Historical_Quotes.html?Button=NEW+REQUEST&Symbol=WIB+AR Enjoy, Murray

Has anyone been to a John F. Summa, OptionsNerd.com, seminar? He is presenting in Chicago... and most of his day long seminar is about credit spreads using the S&P500, futures on the S&P500, options on the S&P500 futures, along with other credit strategies involving a combination of these...

Coach, Anything new happening in the world of PROP margin? I would love the hear what direction and where your thoughts have been lately? Thanks

Donna, Are you still leg-less in your April Put position. I too am looking at April.... M~ PS... We're heading out your way March 31- April 6. Will be in Vail, CO. If you would like to spend a day skiing, let us know. We have quite a group coming out.... looking forward to...

Whew! Most of you here.... have a much higher ULCER tolerance than I. Current March SPX Positions: 1185/1200 = .85 1335/1350 = .55 1220/1230 = .60 1330/1340 = .40 Starting to look at APRIL Bear Call Spreads. Murray

With shorter term Calendar Spreads you encounter different risks. You need to realize that if the underlying goes against you... you'll have less time for it to recover. What I have done in the past is buy stocks or indexes which have found a long term solid pull back to long term...

Domestic, What do you do if your ATM spread does not show a profit? What is your drawdown... exit strategy. thanks, Murray PS. Other indexes I trade are the XEO & XAU i am looking for opinions on any other index that has "tighter" spreads and is also liquid. i am sure this...

Donna, What are you doing with your 1175p.... it's going to bleed terribly unless the market changes quickly. Murray PS For clarification for our 'lurkers and newbies' would people be opposed to including the "p" and "c" next to their strikes. It may just help a few of the others...

I would not let it cash settle. You're rolling the dice. I much prefer to determine my outcomes myself, than someone determine them for me. IMO, Murray

Coach, An earlier post a few weeks back drew my interest in looking at credit spreads on XAU. There is a rather large PUT skew on the index which is made up of 13 gold related companies. After backtesting data for a five year period.... the index shows some interesting results. 1...