Index Options vs. ETF Options????

Quote from sugar:

I'm working ES Options: better margin conditions for options naked short sellers.
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After starting out on SPY, I have just moved over to the ES as well. seems to have better liquidty, and form what I have seen so far, will reduce costs over SPY..

Not sure about NQ though, havent tried that one yet.
 
Quote from maninjapan:

After starting out on SPY, I have just moved over to the ES as well. seems to have better liquidty, and form what I have seen so far, will reduce costs over SPY..

Not sure about NQ though, havent tried that one yet.
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thats simply wrong. SPY options have much more vol then ES options.
 
Quote from christianhgross:

No idea why, but they do. I compared the margins with a friend for an identical position at the same time and I got better margins.

At the time I think it was for a naked ES position. IB gave me a margin requirement of around 2300 USD per contract, and ToS was around 3350 USD per contract.
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Yes, I vouch for this...and you should see the whopping margins reqs for eminis at TOS.
 
Quote from tman:

Open interest on ES options seems much lower that on SPX options. Is the liquidity or execution better???
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ES = American options
SPX = European options

ES = bigger spreads, but able to sell naked
SPX = tighter spreads, but the margins for naked is gargantuan

The NQ has a finer strike price, and can be sold naked, whereas NDX not really.

When I mean can be sold naked, I mean you can sell ES naked without having to give your grandchild as ransom.
 
This question is somewhat off the topic, but I noticed some of you have traded IWM options. I noticed the various IWM strikes each have multiple symbols trading. What is the difference, for example, in the Dec 60 call symbol DIWLH vs IQXLH? There is obviously a big difference in open interest, and volume, but are there functional differences? Is one American vs European exercise?

Thanks!
 
To clarify, I am looking at Yahoo finance, but multiple choices don't appear when pulling up and options chain for IWM in my brokerage account.
 
Quote from my7tvette:

This question is somewhat off the topic, but I noticed some of you have traded IWM options. I noticed the various IWM strikes each have multiple symbols trading. What is the difference, for example, in the Dec 60 call symbol DIWLH vs IQXLH? There is obviously a big difference in open interest, and volume, but are there functional differences? Is one American vs European exercise?

Thanks!
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The DIWLH is the normal one that expires on the Saturday following the 3rd Friday of Dec.

The IQXLH is the quarterly one that expires at the end of the month.
 
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