Those who trade pairs,and portfolio use them because close/open is done simultaneously and at one price. So no timing and liquidity problems to get out (or in if overnight).
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OEX weekly options
- Thread starter kalikahuna
- Start date
Those who trade pairs,and portfolio use them because close/open is done simultaneously and at one price. So no timing and liquidity problems to get out (or in if overnight).
Stanford
Think I have those calcualtion figured out. Make a bit over $100 in a 2 or 3 pt OEX move with that trick of using the credit spread in a directional play. Using 5 option contracts, Considering you could follow a trend that way, might be a way to go.
Think I have those calcualtion figured out. Make a bit over $100 in a 2 or 3 pt OEX move with that trick of using the credit spread in a directional play. Using 5 option contracts, Considering you could follow a trend that way, might be a way to go.
Quote from Stanford:
zdreg
when do you use those market on close orders? thanks Michael
that is a way to ask a question?
moc is used by traders to offset imbalances created and announced by institutions. the institutions are forced to make these announcement to have an orderly market at the close.
http://www.tradingmarkets.com/.site...sing-Strategies--for-Professional-D-78086.cfm
30% haircut in premiums across the board on weeklies this morning and fairly benign market action. Should have stayed in, no regrets, a gap would have been more than a pain in the neck.
I only used a moc order because I was neutral near the close, otherwise would have been out earlier.
I only used a moc order because I was neutral near the close, otherwise would have been out earlier.
Stanford
I can´t learn this one?
Try it!
Index at 523.61 place a Bull Credit PUT spread at
sell the 525 at $6.00
buy the 520 at $4.20 credit of $1.80
Close the spread with index gone up 3 pts to 526.27
buy the 525 at $5.70
sell the 520 at $8.30
So what if anything did this trade make or lose?
I can´t learn this one?
Try it!
Index at 523.61 place a Bull Credit PUT spread at
sell the 525 at $6.00
buy the 520 at $4.20 credit of $1.80
Close the spread with index gone up 3 pts to 526.27
buy the 525 at $5.70
sell the 520 at $8.30
So what if anything did this trade make or lose?
Quote from falconview:
Stanford
I can´t learn this one?
Try it!
Index at 523.61 place a Bull Credit PUT spread at
sell the 525 at $6.00
buy the 520 at $4.20 credit of $1.80
Close the spread with index gone up 3 pts to 526.27
buy the 525 at $5.70
sell the 520 at $8.30
So what if anything did this trade make or lose?
Sorry, see below
Quote from falconview:
Stanford
I can´t learn this one?
Try it!
Index at 523.61 place a Bull Credit PUT spread at
sell the 525 at $6.00
buy the 520 at $4.20 credit of $1.80
Close the spread with index gone up 3 pts to 526.27
buy the 525 at $5.70
sell the 520 at $8.30
So what if anything did this trade make or lose?
OK, this is a winner! Keep doing these.
Inital credit 1.80
Second credit 8.30 - 5.70 = 2.60,
Total credit 4.40
Quote from falconview:
Index at 523.61 place a Bull Credit PUT spread at
sell the 525 at $6.00
buy the 520 at $4.20 credit of $1.80
Close the spread with index gone up 3 pts to 526.27
buy the 525 at $5.70
sell the 520 at $8.30
Hmmm...let's see - what's wrong with those closing numbers?
Bull Credit PUT spread
buy the 525 at $5.70
sell the 520 at $8.30
Hey readers. I just wrote an article on how to compute probs of worries, scares, and blowing up. The title is: "Silent Fears in the Hearts of Option Credit Spread Writers ..".
http://stockmarketoptions.blogspot.com/2010/10/delta-and-fear-in-hearts-of-credit.html
http://stockmarketoptions.blogspot.com/2010/10/delta-and-fear-in-hearts-of-credit.html