SPX Credit Spread Trader

I'm not sure if this violates the policy of ET or not, but it would be interesting to have a list of the services we use to assist us in trading SPX spreads. For example, market timing journals, tech analysis, commentary, etc. Paid or not paid.

Any interest?
 
Quote from riskarb:

CL options won't see screen trading for at least 3 years, perhaps longer.
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Crude options might be more liquid then SPX options. The guys in NY make very deep markets. You can trade them on a screen through an electronic broker but your fills still come from the pit.
 
then I wait 3 years! the merc is already trading spot so hopefully it will be sooner. I'm also looking into ICE.

Quote from riskarb:

CL options won't see screen trading for at least 3 years, perhaps longer.
More...
 
no question there is unbelievable liquidity, they still act like pillagers to me.

Quote from Maverick74:

Crude options might be more liquid then SPX options. The guys in NY make very deep markets. You can trade them on a screen through an electronic broker but your fills still come from the pit.
More...
 
I'd be very interested. I'm currently trying to soak up as much information as possible. I'll need something to read while I'm waiting for coach's book to arrive. :D

Quote from burrben:

I'm not sure if this violates the policy of ET or not, but it would be interesting to have a list of the services we use to assist us in trading SPX spreads. For example, market timing journals, tech analysis, commentary, etc. Paid or not paid.

Any interest?
More...
 
Quote from cdowis:

It may be a matter of decimal places. A delta of 30 is shown in TOS as 300.00.
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I was configuring the analysis tab incorrectly. Still learning.
 
Quote from Prevail:

then I wait 3 years! the merc is already trading spot so hopefully it will be sooner. I'm also looking into ICE.
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They had no choice listing the futs due to the ICE contract. ICE has no electronic options, so we have to wait for that shoe to drop.
 
You might want to look at XLE for calendar spread, I have been very successful doing it for the past few months. Did not try IC on XLE yet. I usually do 3-4 months CS on XLE.

Quote from uglyboy:

I have a question about diversification. I trade about 1/3 of my account as index CS/ICs and I'm in the fortunate position of having had enough growth to significantly increase the funds available to this strategy. I've been thinking for a while about diversifying by using CS/ICs in another product.

Ideally, it would be something with minimal correlation to the SPX/RUT. Has anyone looked at this? I'm interested in some of the futures (particularly rates, not chocolate eggs/kosher ham/illegal hardwoods, and the other weird stuff there) or in bond ETFs. Does anyone have correlation data, or experience with spreads/condors on these?

Cheers,

Ugly
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