Trading One Million Option Contracts?

C

Con1991

Regarding the index options in particular, for which there are no position limits. I am wondering how feasible it would be to buy or sell 1 million contracts of say NDX or SPX. Especially for a retail trader. The main reason I ask this, is because I have a scalping strategy in mind, which I have already paper traded. But I am wondering how this could be executed in a live account.

Thanks for any input
 
Con1991 said:
Regarding the index options in particular, for which there are no position limits. I am wondering how feasible it would be to buy or sell 1 million contracts of say NDX or SPX. Especially for a retail trader. The main reason I ask this, is because I have a scalping strategy in mind, which I have already paper traded. But I am wondering how this could be executed in a live account.

Thanks for any input
More...

An options question for which you left destriero speechless. You know it was a bad question then, and can practically see him shaking his head while walking away from your post.

The bottom line is...You can't. Shred that paper you traded upon and smoke it in a pipe.
 
Overnight said:
An options question for which you left destriero speechless. You know it was a bad question then, and can practically see him shaking his head while walking away from your post.

The bottom line is...You can't. Shred that paper you traded upon and smoke it in a pipe.
More...
I wouldn't consider Desterio a genuine poster at all I'm afraid. He never has any valuable contribution to my questions. Case closed.
ZBZB said:
Get an ISDA and do OTC with an investment bank.
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Thank you for the only sensible and relevant reply to my question so far.
 
How @Con1991 sees himself:

upload_2023-10-8_14-34-54.png



reality:

upload_2023-10-8_14-35-59.png
 
Dream on - The largest WS banks don't even trade anywhere close to a million contracts at one clip anyway.

These huge SPX option trades were the biggest fin news of the day.

JP Morgan 3-2023 expected to reset 125,000 S&P contracts, causes big worries.
Wells Fargo 10-2022 82,000 S&P call contracts, cause a parabolic 2% inter-day reversal.
 
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