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FXE is an ETF, while EUU is an index. I'm pretty sure both fall under the PDT rule.

You need a margin account to trade options. The fact that you pay the full premium when buying options is irrelevant.

You are missing the point, a bull call spread and a bull put spread at the same pair of strike prices are synthetically equivalent, i.e. they are identical in all aspects. So it doesn't matter whether you trade one or the other, your position and sensitivity to changes in price, implied...

At the same pair of strikes prices the two spreads are identical in all respects. The relationship that holds them together is called a Box spread and this relationship is rarely out of line, and even if it gets out of line it is arbed instantly by the market makers and institutional traders so...

If you really want the markets to get your message then you should no less than triple it, maybe even quadruple it.

Here's your strategy simplified: sell 46 put, sell 54 put. In other words, all you are doing is selling two puts with different strikes.

I presume you are short the spread. You should be able to buy it back for about .10-.20. Are those extra 10-20 cents worth the risk? Definitely not worth it in my book. I would close out the spread without even thinking about it.

Maybe it's similar to double negative being positive. :) If you short both you actually end up long. :confused:

Add my vote to short iron condor. If my memory serves me right, we had a debate on this matter here a few years ago. It didn't get us anywhere though...

While NDX and RUT, and SPX for that matter are highly correlated, they are not perfectly correlated so having positions in more than one index definitely has it's benefits.

A safe number would be zero. More than that and it's no longer safe. A prudent number would be 1 or 2, which would mean that in a worst-case scenario you are risking 8.7% or 17.4%, respectively.

Since this is a paper trade there is no real issue here, so I suggest you contact tech support.

The last trading day for SPX options is Thursday (yesterday) and they settled on the opening print today.

Lucky for us, I quoted his post when I posted a reply so we have proof that he modified his post after he saw that the original call trade was a bad one.

No, I didn't modify. Looks like he modified his after GOOG tanked!

GOOG is @ 555, expect to sell @ 0.20 :)

Basically, your position is a long calendar spread or rather multiple calendar spreads at various strikes so the P/L profile as well as that of the Greeks is as expected. If you want a more useful comment you need to provide more details not only about the actual positions, but also about...

It would be quite a stretch if you could forecast the weather from stock options! (Sorry mate, couldn't resist it!) The correct spelling is "whether" not "weather".

The major component in option pricing is volatility. So if two similarly priced stocks have totally different options prices then the most likely culprit is the volatility. However, all this tells you is that one stock is or is expected to be more volatile than the other. It doesn't tell you the...

I think you should admit your mistake now and move on. A block can refer to any large trade in any instrument. When someone says that a 100,000 block traded in an SLV option, it means that there was a trade for 100,000 contracts or, alternatively, you could say 100,000-contract block trade...