selling/buying ES options ?

[RedDuke]

Hi,

I have a questions for those who trade this contract. What's execution like on these options. For example, 2 months before expiration at 100-150 points out of the the money, with spread of 1 tick and few hundred contracts on nearest bid/ask?

If I hit the bid with market order of 20-30 contracts, will I get filled at the price shown? Or will the bids be lifted?

Thanks,
redduke

 

[kcgoogler]

if you hit the bid you will most likely be filled. I hardly do that size but based on volume traded this morning and the current market depth info; i wouldnt thing it would be a problem.


-gariki

 

[RedDuke]

Quote from kcgoogler:

if you hit the bid you will most likely be filled. I hardly do that size but based on volume traded this morning and the current market depth info; i wouldnt thing it would be a problem.


-gariki

Thanks for this info, that is my thinking as well.

If there is someone who trades with such size, i would appreciate the answer.

 

[trading spaces]

A lot of times you will get filled splitting the bid or one tick above the bid. Size is not a problem as it can be arbed with the sp options pit. More paper hitting bid always welcome though!