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Either you had a bad data feed or your order never made it to an exchange. The only way to confirm is by checking on another trading platform with another data feed.

If the OTM calls are materially higher than the OTM puts, the uncertainty and risk of the unknown is on the upside. This can happen on stocks with an upcoming binary events like a biotech with FDA news or takeover rumors. This can also happen in the option skew of some commodities when the...

Here is a PDF, you can make your own CSV.

I'm going to send you a PM with the totals on the list.

Not all pit orders are large. I there are a lot of hedgers out there that use brokers and send small orders to be crossed. Just the way they do business, they want two commissions.

I don't know how many floor guys there are. We do business with XFA on the CBOE. Wedbush has a trading desk and you can access your own relationships. We have an off floor trading desk in Chicago too.

I have no idea. What we have is an easy to borrow list, not a hard to borrow list. If it's not you on the list we have to ask Wedbush for a locate. We have a lot of automated and manual equity traders and I get very few complaints. The third party locates solved any locate issues. Keep in mind...

We have two ways to get a locate. On the Lightspeed Trading platform, you can see which symbols are not on the easy to borrow list. You send a simple email to support and they respond. I advise most of my clients to send in the list earlier in the day for the Stocks that they know they trade...

I'm just pointing out that you get the same risk reward, better liquidity and much lower margin requirement by using the OTM options. The margin difference is material.

That's right, you don't hear about it, and it's hard to see. There are hundreds of trading desks that do an institutional business that cross trades in futures, equities and options. When I left the Amex Floor in 2010, I would guess up to 70% of volume on some days was crossed. The futures side...

Let me pick an example. Let's say the stock is around 109 and the 120 put and 100 call are both around 80 delta. Just as an example, the 20 point combo,or whatever you call this, adds up to around 25. That means the stock has to move outside that range by more that 5 points. If you buy the 100...

You are buy the 80 delta put and the 80 delta call because you believe the vol is too low?

I'm guessing, because it's not enough information, but the drop can be attributed to lower implied vol and time passing. To make money on these positions, you need moves away from the strike faster than the pricing implies. BTW, the ATM calls and puts can't have a delta of 80. It does not have...

No, I meant the big S&P. If you are an institution and use a broker to find the other side or pair it with something else, this is what they use. Lower commission and easy to cross.

I guess it matters what you consider a block trade. Today were lots of 25, 20,16, 13, 11. Each contract is 5X the ES. The 25 lot has a margin requirement of $653,125. This was a very slow day. If I did my math right, that represents a basket of $13.8mm of stock in one trade.

Where would you get your edge? These are crossed trades, not sweeps. At least the sweeps are showing what direction the buyer/seller choose, but blocks are different. You have no idea what else they did, same with a sweep. You can make money fading a sweep and jumping on, your time frame is...

Many block trades are crossed in the SP contract.

http://www.cmegroup.com/company/files/CME_Fee_Schedule.pdf Look along the left side. You will see non-member rates and other rates. Contact the CME to see which rate would apply to you if you lease. Questions regarding this schedule may be directed to the EFS Hotline at 312.648.5470

My thoughts are that your question is too general to help. You need to first find a situation where you feel implied vol will make a substantial move, then look for the best way to capitalize on your expectations based on the instruments that are available.

You're missing something. You can't open an account with them. By owning or leasing a membership you pay a different rate on clearing and globex routing but have higher fixed costs.