Flex Options Broker

Ah, ok then. Once you go significantly beyond the last listed (e.g. my example), you will get rather wide markets. Any MM would want a significant statistical edge since finding an offset is going to be tricky. The general MM approach is usually to guess your side (which, in case of most SN flex options is a buyer) with the other side being there for compliance purposes.

PS. Like most large prints, the actual transaction price might be significantly different, depending to where the option was tied vs where they printed the stock.
 
Once you go significantly beyond the last listed (e.g. my example), you will get rather wide markets.

sle, can people get tight markets with front month options?
eg. i want to buy spreads on TLT with european-style version

just curious how wide the slippage is going to be, compared to the regular one
thank you
 
sle, can people get tight markets with front month options?
eg. i want to buy spreads on TLT with european-style version

just curious how wide the slippage is going to be, compared to the regular one
thank you
It's gonna be pretty small. Switched like that are commonly done in the OTC space and you'd probably pay 0.5 vol for it.
 
I'm on a sales call right now. I found out we DO offer FLEX trades through our institutional desk. Happy to talk to anyone that needs to FLEX trades with an account with us. In general, these are for larger accounts and block trades, not 10 lots.
 
Last edited:
Anyone know a broker who year 2021 offers FLEX-options on SPX? either via execution platform or order desk by phone.
 
Back
Top