ES Sept. Options expire fri: anyone gonna go crazy til thursday?..heavy buy and sell?...sell and let expire and pocket premiums?...the ES options will soar on the smallest of moves...I'm thinking of buying huge amounts tomorrow for and overnight into Thursday play...get out of it all by thursday...
dude...you know that these sept 08 ES options expire this friday!!..you got tomorrow and thursday to trade them...watch out and do your research!!!please!!
BUT...could easily see by Friday 4:00PM NYTime that the SP has dropped 60-100 and the dow 500-700...wow...maybe buy some ES puts with expiration this Friday...hmmm...
relax...very unlikely the ES goes -40.00...relax...probably buyers step in tomorrow and only closes down -5 or maybe eve up +6 etc...relax...the bad news is priced in right now..
so I called CME and the dude told me that "all months cosecutive spread" relates to the quarterly contracts (sept, dec, march, june)...so, than yea, sept08/dec08 would fall under the $270 margin rate...thoughts?
Crude Oil SPREAD Trading...you do it?...what months?...I might enter my first CL spread trade this coming week..,anybody in a spread ahead of hurrican IKE?