Gold options..I got roach moteled

Quote from Pa(b)st Prime:

Gold options suck. I haven't traded them since Q1. I don't know if they're on the screen now but I got hosed in that weird hybrid thingy. Because they were quoted on the screen during RTH I presumed they were actually traded electronically RTH. Instead my orders were routed to the pit and when I wasn't filled immediately I re-entered and wound up triple filled.

My tale of woe aside you paid some pretty high vol. One month to go, 100 bucks OTM, $20 plus in premo. Obviously when the daily ranges are 80 bucks no one is standing in line to write cheap options but as soon as the market tightened another story.
More...

mr. PBR!!! I have a bond question. How does buying the long bond and selling the ten yr look?
 
Quote from Rtrader2525:

was that recently??
More...

Was about 10:30est ..either I was having data issues on two quote providers at the same time or nobody wanted to step and represent. Guess that 50 point waterfall spooked em.
 
Somebody lifted me tonight at 33.5...not the best trade. Had to take 9.5pnts of heat(low bid 14 yesterday) to make 10. But considering the underlying had to move 35-50 bucks just to make up for me buying the tippy top of volty i`ll take it. Original profit tgt was 47.5..and it would have been there today if volty held as it ran upon entry.

Its all yours pal. :D
 
Quote from indahook:

Was about 10:30est ..either I was having data issues on two quote providers at the same time or nobody wanted to step and represent. Guess that 50 point waterfall spooked em.
More...

ha ha yeah no shit, glad you came out unscathed
 
You must log in or register to reply here.
Back
Top