Wow, don't remember seeing them that fat in a long time...
Almost $19 for next weeks 1295 S&P 500 put...wow...
Almost $19 for next weeks 1295 S&P 500 put...wow...
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Look At Those Fat Premiums...
- Thread starter Arnie Guitar
- Start date
Quote from atticus:
Hahaha, yeah, I did a fiver at 57.00 synthetic.
atticus, could you translate this? English is not the first language for many of us here.
the way i understood it, and please correct me:
you went Long (?) 5x SPX straddles expiring Aug 11 2011 (?) (European style). which strike, 1295?
for 1295 I have the following closing prices that match your quote.
Put 27.30
Call 30.43
The position cost is $57x5x100 = $28.5K. It is not straddle per se, but a combination of call/put/underlying (i.e. "synthetic")
Quote from shortie:
atticus, could you translate this? English is not the first language for many of us here.
the way i understood it, and please correct me:
you went Long (?) 5x SPX straddles expiring Aug 11 2011 (?) (European style). which strike, 1295?
for 1295 I have the following closing prices that match your quote.
Put 27.30
Call 30.43
The position cost is $57x5x100 = $28.5K. It is not straddle per se, but a combination of call/put/underlying (i.e. "synthetic")
Short the 1300 straddle.