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Phil, I need some further explanation! The example you gave which I repeated is figured on return on margin. Your 4% return on SPX is on $10 margin, the 5% return on the XSP is on $1 margin.... but it is about return on margin... apples to apples. If you bought 10 XSPs you would...

Coach, Exactly..... In your example... .40/$10 margin is 4%, .05/$1 margin is 5% return. This is exactly what we were pointing out. The percent return for the same spread appears to be better for most strikes on a compareable XSP spread. And with strikes a little closer.... the...

Coach, We've been playing with the XSPs....... it appears that the credit received for the same SPX position is a little better on a percentage basis.... and you're not fighting the b/a as much. Would you agree? Murray

FYI, People here in the Northern states, (Michigan), are receiving their natural gas bills. It's the talk of the town.... most bills are 2.5 to 3.5 times what they were the previous month. For example: our cottage we don't live in, just visit, last month $56, this month $181. Our...

Coach, If you're feeling up to the challenge... it may be a worthly experiment to test out the fills, best fills, and time of fill, at all three brokers.... OX, TS, ToS... all at the same time. I think you're one of the few who have accounts at all three. My reasoning here is... I...

Coach, Since you trade with both TradeStation and ToS... in your humble, yet unbiased opinion, which broker gave you the better option fills? Thanks, Murray

TradeStation? Coach commented on TS.... $1/contract, no mins, no ticket charges. I have not used their OptionStation software.... but they offer it free with a minimum of 50 contracts traded monthly. Anyone have any experience with this platform? Murray

Coach or others.... ... an interesting thought... Many times... someone on this board is selling or buying a contract, which others are selling or buying on the other side... and the MMs are making out like bandits. For Example: someone bought a Jan 1200p for $1.20, and the best price...

Coach and others, Now that you've experienced OX and ToS.... do you prefer one over the other for trading options exclusively? I seem to get better fills and better service with ToS. Also, TradeStation is getting into the game now. Their OptionStation is now included in it's FREE...

Mo.. The OEX 565/580/595 paid off big also... I've been entering these FLYs with just over two weeks remaining in the contract.... It's been interesting to say the least. Murray

For .30 cents... nope... na-ta... 1. An adjustment would incur a huge loss without much time left 2. To close out the positon around expiration would probably cost .10 plus commissions 3. SET could jump up and bite ya in this X-mas season. Just my thoughts, Murray

Interesting... even while the market takes-off... Jessica gets more downloads than our SPX spreadsheet. Have to change the title of the spreadsheet next time! :)

Donna, PFE... just isn't much juice (premium) for doing a Call Calendar... but we'll keep looking. You could play it as a Calendar.. and scalp pullbacks with the short call position. M~

You're right... the market has had a tendency to move slowly up over it's lifetime. But take a look at the PPH index... it's been down trending for months now... and most securities within the index have responded accordingly... ie, PFE. The problem with PPH now is.. that.. we're at...

Wishing all of you a restful Thanksgiving from the snowy white state of Michigan. In the spirit of Thanksgiving, let us remember those less fortunate and those who have provided us our freedoms. M~

Andy, We've been tracking this trade for the past two months. It's interesting... and unfortunately with the big run ups and downs, it has not been as profitable as expected. That said.. we're still virtually trading this approach. We are buying Siamese Butterflies... and adjusting at...

Andy, Track the indexes.... PPH, SOX, OIH, HHH, SMH, etc. When they turn over (bearish)... you sort the secuties within that index and begin your TA and fundamental. The trend is your friend. You're just playing the trend with the worse in the group. Just the opposite of Call...

Attached is a spreadsheet of all the historical SET prices and the corresponding SPX market close prices. It's rather interesting and scary. Murray

Andy, I've never done Calendar spreads on an index. I like to use volatility in the trade... and individual securities rise in volatility much faster than an index. I much prefer Put Calendar... and do about 4 times as many than those of Call Calendars. Call Calendars... just don't give...

SPX or XEO Today has shed light! As of late, premium in both indexes appear to be relatively equal relative to risk.... that said.... With the SPX's SET price fluctuating up to 10+ points.... the expected probability of profit on the SPX compared to the XEO... changes drastically...