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Oh yeah, well the Jerk Store called, and they want you back. Nope, still not funny... (Does pop culture humor work on ET? We'll see)

Hey, that's Fully ARTICULATE, not Fully CORRECT. Get it right.

The link you sent seems to be "Regular Trading Hours" rather than open hours, and it's even a broken version of RTH. It shows globex hours of 830-315 daily, which isn't right. Globex is definitely open before 830 and after 330. To make things more confusing, your link throws in Sunday as...

It opens at 3:30pm on Sunday, and closes at 3:15pm on Monday. On Friday, it closes at 3:15pm and does not reopen until Sunday.

I don't understand what more I can offer other than a link to the page and to repeat the information that's on the page. Daily close: 3:15pm (Central) Daily open: 3:30pm Closed for maintenance: 4:30-5:00 M-Th

Interactive brokers has nothing to do with it, it's the exchange. Two clicks later, and... http://www.cme.com/trading/prd/trading_hours_ES702.html

The OP may be confused by that. Just to give you an example of how I got beaten up this week... I sold wheat 480 calls about 2 weeks ago for 2.50. Yesterday, those calls closed at 54.00, and there's still 6 weeks to go before expiration. I made a variety of adjustments to hedge my...

Oops, that should be MIN, not MAX (i.e. the margin cannot exceed the underlying's)

It all depends on what SPAN computes your margin as, which is very nonobvious. For short options, I've been using: MAX(Delta*2*Underlying_Margin,Underlying_Margin) In other words, if your delta is .1, you'll probably have a 20% of the underlying's margin. All this changes if you have...

Not recently. However, I have been having some good success with long boxes on OEX. Vega has an odd effect on real-time P&L for long boxes on OEX. Substantial intra-day down moves (think Philly Fed a week or two ago) can turn the box wildly profitable. You also have the ability to take...

It doesn't have to be on expiration, it can be any day there's a big move. Still, the position is relatively cheap. You can buy the conversion (minus the short calls since they're practically worthless anyway) for a few bucks. Each day it doesn't happen, you lose some theta. On the day it...

Options Trading: The Hidden Reality, Charles Cottle, p. 210-213, ISBN 1-55738-907-1, (c) 2006 So, you've called me a liar, you've doubted me, and now you're wrong twice.

I'd venture a guess that you have not traded OEX options, Rally? (Or you have, but long only, OTM/ATM)? Fine, you are trading SP futures and OEX options at some ratio. In order to tell you what ratio, I'd need to figure out what the weighting of the "big mover" is in both indicies. It's...

OEX trades until 4:15. Exercise is at the price the cash market closed at 4:00. You can exercise until 4:20. Expiration day was the premise of the OP's comment, not mine.

On "Triple Witching" day, the leaders of the US, Russia, and Burkina Faso gather around a Ouija board and fill in a massive Excel spread sheet. "Quadruple Witching" is when they include France. It's also possible supply and demand sets all prices in a free market, but I'm more of a...

Okay, just to make it simpler, pretend there was an OEX futures contract. You: Buy 1 OEX future @ 630 Buy 1 OEX 660 put @ 33 Sell 1 OEX 660 call @ .15 You do this at the close of the market, when OEX is at 630. WINNING CASE After hours, WMT announces great news which drives OEX...

IB will do both depending on what the exchange allows. If the exchange allows native calendars (which I believe CBOE and ISE do, but I'm not certain), they will actually put the order in as the calendar which could have a better bid/ask spread. The nice part of this is that your bid/ask...

Slippage, or wide bid/ask spreads? The latter can be solved by combination orders--IB supports those, and some exchanges will quote certain combinations directly (mostly simple ones--verticals, strangles, but not butterflies in my experience). In general, you can get a fill somewhere between...

Be careful trading these, there are some odd side effects. 1) The FF rate is determined by the *average* rate for the month. So, if the fed meets on the 29th of the month and changes rates, the FF contract expiring that month will not move very much. 2) I've now had problems with both IB...

I found the writing pretty dense, but I learned more from his stuff than any other book. http://www.riskdoctor.com/ _Options Trading: The Hidden Reality_ If you hunt around on the site a bit, I believe you can download the book for free in PDF form (but it's not printable). It's $45 if...