SPX Credit Spread Trader

andysmith · Apr 18, 2006

It could have something to do with the amount of trades made...

Quote from bpatel11:

Andy

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Bharat

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rdemyan · Apr 18, 2006

You should be getting filled now at a good price. The natural is $0.55 and the mid is $0.85.

Quote from DonnaV:

no wonder I can't get filled

RichardRimes · Apr 18, 2006

Quote from optioncoach:

Funny.... I usually picture you the same way

I still have good legs but my day in the sun is gone

Just got filled 1345/1355call may for .75....

rdemyan · Apr 18, 2006

I'm sooooo glad I was able to pave the way for you!

Quote from DonnaV:

I still have good legs but my day in the sun is gone

Just got filled 1345/1355call may for .75....

riskarb · Apr 18, 2006

Quote from DonnaV:

I still have good legs but my day in the sun is gone

Just got filled 1345/1355call may for .75....

$.75? Wow, I received a $.90 credit.

RichardRimes · Apr 18, 2006

Quote from riskarb:

$.75? Wow, I received a $.90 credit.

lets see YOUR legs:eek:

RichardRimes · Apr 18, 2006

Coach and Murray...with this upsurg in spx how is the call diag going? Coach are you going to hold on to May's calls in the diag I know Murray said he would be closing the spread and opening a new one.

El OchoCinco · Apr 18, 2006

Well the current line on the diagonal is an unrealized profit of about $900. The April call is practically worthless and the May 1375 Call is about $0.35. Might open a MAY/JUNE diagonal this week and think about what to do with the MAY Calls.

riskarb · Apr 18, 2006

Quote from DonnaV:

lets see YOUR legs:eek:

I was, of course, kidding.

I wouldn't want you to get that distracted while trading.

rallymode · Apr 18, 2006

Nice rally going on today, i had written off a may call position but i guess another day like this and i may get some bear call spreads after all.