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I'm not sure if this violates the policy of ET or not, but it would be interesting to have a list of the services we use to assist us in trading SPX spreads. For example, market timing journals, tech analysis, commentary, etc. Paid or not paid. Any interest?

Hey all, I've been out of touch for the last 14 days, and I'm looking to put on some Sept positions. I'm currently reading all the talking heads but I figured I'd ask this group as well. Anyone have SPX levels in mind that they are looking at? A service I get has the Sept range at 1180 to...

Hmm, does this mean your adding more than two layers to your Xmas tree? So say 2x1275/1250 5x1250/1225 10x1225/1200? I'm really using the VIX as a indicator for these diags. I should be trading my call credit spreads today, but since I'm on vacation until the 28th I don't like puttin on...

Got filled on my Sept/Oct Diagonal this morning. Details: VIX : 13.40 STO 10 SPX SEPT 1225 PUT BTO 10 SPX OCT 1200 PUT Mid of : 3.00 Debit Fill at : 3.20 Current Mid : 2.95. I tried to get filled at 3.10 forever but couldn't. I'm looking at adding Mav and Sailing's Xmas tree...

Coach, If you don't mind a quick refresher, why did you decide to go with ES options using haircut margin at Mav's VS. SPX options using haircut margin at Mav's VS trading ES options at IB with SPAN margin. Just trying to get it straight in my head. Peace, burr...

Remember not all products are traded on all exchanges. The CBOE has the SPX to themselves. http://www.cboe.com/Products/Cash-SettledIndexOptions.aspx This means that you can leg into a spread but since the vehicle we use to trade is only traded on the CBOE, entering a trade as a spread...

Hey there, Just hanging around waiting for the VIX to be below 14 again to try and get filled on a Put Diag, so I was reading our good friend, Mr. Cot-tle. I went to his website and noticed that he also offers online videos explaining the concepts. http://www.riskdoctor.com/webinars.html...

Are you still looking at the 1350/1375 Sept/Oct Diagonal? I pulled the trigger yesterday when the VIX dropped to 14.20, but didn't get filled, and now the VIX is above 15. I probably should hold off on trading anyway until I get back from our vacation. Do you have any rules for the...

From what I read from Mr. Cot-tle and videos Sheridan put together, Diagonals should be entered in a low vol environment, so I'm assuming that when the VIX drops below 14 your calling that low vol. Question about what your wrote below, are you: Selling the Sept 1350 Buying the Sept 1375 or...

Sorry my bad. I'm looking at Sept/Oct since I don't want too many months in between for my first one. Sell the SEPT 1375 Buy the OCT 1400 for a debit of 0.40 Does this trade make sense? Or short I just continue to do vert's? peace, burr

Just would like some opinion on this potential trade. I'm going to be travelling in Aug during Ex, so I'm not trading Aug Ex. Which means I have $$ burning a hole in the pocket. I'm thinking of capturing some premium by entering a diagonal, selling Sept and buying Nov. Using TOS pricer, it...

Apex, I'd be interested to hear what you mean by "grid analysis". I did some searching back on your previous posts, and couldn't find any posts dealing with the topics. I did find your trading station though and I must say, nice setup. On you upper right monitor it looks like you have some...

Coach, What's your opinon on a really FOTM spread for AUG. the SPX 1080/1090 mid of 0.35

Why don't you just place your contingent order to close the position at the market when the index hits your short strike. I always have contingent orders in place, as well as alerts just in case something freaky happens and I can't get to a pc or phone. Yes, you will still lose a large amount...

I think I agree, but it would be so sweet to put on a call spread being up 10pts and then have a slow downward reaction from the fed announcement. If you had to place a bet, would you go long or short on the fed announcement? Personally I feel there is a stronger negative bias, but I've been...

Okay, so back to actually trading. The SPX is up +9.50 before the fed, how does the 1295/1300 for .85mid or 1295/1305 for 1.40mid sound? What's the general consensus among the talking heads? .25 increase and then we fall slowly? Anyway, is anyone going to put on a position today BEFORE...

Does anybody know of good option software that allows sweeping from multiple exchanges?

Couple things: 1) Is anyone gearing up for July, or all sitting and waiting for the Fed Announcement? 2) June results were 6.23% return on risk with the adjustement that I had to make. IF i didn't adjust, it would have been 11.1% return on risk, all inclusive of commish. But I'm still...

That's why I posted my thoughts in the first place, it's very theraputic to write down the way you feel about a trade and have people validate the actions you know were correct. My gut's feeling a bit better now...thank's rally, coach and others.... ....my account is also thanking you for...

I did follow my plan, once the SPX was 15 pt's away from the short, and there was some major possible downward movement in the market if you listned to all the talking heads, blogs, news, etc. it was a smart decision at the time. So in my brain, I know I did the right thing. In my heart...