SPX Credit Spread Trader

[rallymode]

Those anxious to see the SET can get an idea by quoting the symbol SET with their broker if they support it. If not, here is the delayed version:

http://cboe.com/DelayedQuote/SimpleQuote.aspx?ticker=set

Those numbers aren't final but will give you an idea of what to expect. Looks 1401-ish so far.

 

[andysmith]

So many top callers out there.... signs seem to be falling in place, but man, am I skeptical I don't think the market will ever go down again.

 

[yip1997]

Quote from rallymode:

Those anxious to see the SET can get an idea by quoting the symbol SET with their broker if they support it. If not, here is the delayed version:

http://cboe.com/DelayedQuote/SimpleQuote.aspx?ticker=set

Those numbers aren't final but will give you an idea of what to expect. Looks 1401-ish so far.

The delayed quote 1401.07 was actually yesterday's theoretical set. It has nothing to do with today's actual set.

The set for today is 1394.31

 

[RichardRimes]

Quote from rallymode:

Those anxious to see the SET can get an idea by quoting the symbol SET with their broker if they support it. If not, here is the delayed version:

http://cboe.com/DelayedQuote/SimpleQuote.aspx?ticker=set

Those numbers aren't final but will give you an idea of what to expect. Looks 1401-ish so far.

Thanks for the tip rally. right now I'm seeing SET as 1394.31(noon ET) which is a good 6 pts lower. That would be very interesting if we have a set lower by more than 5 pts. haven't seen that in awhile.

 

[ryank]

Quote from rallymode:

Those anxious to see the SET can get an idea by quoting the symbol SET with their broker if they support it. If not, here is the delayed version:

http://cboe.com/DelayedQuote/SimpleQuote.aspx?ticker=set

Those numbers aren't final but will give you an idea of what to expect. Looks 1401-ish so far.

If 1400ish is the settlement that would have been near max profit for my DD that I just closed the other day. With the market powering higher I couldn't take the chance. Still glad I got out when I did (ok, I really wish I got out the day before, would have been more profitable ).

 

[rallymode]

Quote from yip1997:

The delayed quote 1401.07 was actually yesterday's theoretical set. It has nothing to do with today's actual set.

The set for today is 1394.31

Correct. I misspoke. For some reason i thought it worked like the VIX SET.

 

[RichardRimes]

1396.31 does seem to be accurate...my margin has been released...anyone else?

 

[yip1997]

Quote from RichardRimes:

1396.31 does seem to be accurate...my margin has been released...anyone else?

You meant 1394.31, right?

The easiest way for TOS traders here is to get a quote for set. It will update it once it is available.

 

[RichardRimes]

right

 

[TrendSailor]

Its official 1394.31. Gap down and it followed today's market trends very well also. Not bad - it actually makes some logical sense this month. 'Cept, now the bulls look ready to run again just as I tried to pick up my Dec Bull Put credit spread portion of my new Dec IC. Bummer, I was within a nickle of getting in too...

Anyway, glad I covered my long Nov "SET Bet" 5 minutes before the bell yesterday - still was not a bad bet and it only cost me .3 debit to get out of it when I saw the bull run fizzle. I blame OptionsCoach for putting up a hedge to scare the bulls. Seems to be a reliable negative indicator...

TS