Newwurldmn is absolutely correct. Remember that you can trade stocks after hours as well and have until 4:30 central to exercise. So you may...
Not all options are traded in pennies, many are not including apparently DBA. You may see a last price in a penny increment as some stocks/etfs...
They way it is usually done is you would sell a deep in the money call spread. You would then exercise your long calls and have long stock. If...
If you are going to trade these spreads, make sure you enter them as a spread. If the order goes directly into the CBOE Complex order book (COB)...
That's .50 a contract (each way) If you trade 300 contracts a day that is $150 a day or $36,000 a year. Not an insignificant amount.
I think the PM settlement is better as well. You don't have the morning mark risk. The question is what the liquidity will be like compared the...
Not exactly what we have been waiting for. These are SPX PM settled options. Slightly different from the pit traded SPX options currently traded...
The two exchange traded binaries are the BVZ and BSZ. These represent the VIX and the SPX and are traded on the CBOE. I would agree with what...
If you sold the put, you need to buy it back, so you don't care if there is no bid. You are interested in what the offer is.
Currently the CBOE offers Binaries on the SPX and VIX. Monthly expiration. Not a lot of Volume, but and interesting trade.
IMM seat leasing currently for $1,300 a month. As mentioned earlier check into the LLC rebate program.
I believe the CME also gave/gives a large rebate of your fees back if you trade in a LLC and meet certain conditions (without owning/leasing a...
The current market (best bid and ask of all the exchanges quoting) is .83-1.10. I see 2 contracts traded with a last of 1. The 1.10 offer is...
The SPX weekly options now trade on the Hybrid System. Tighter markets and if you see a bid or offer will be traded electronically. The weeklies...
The spread must be entered in nickles in the SPX and OEX and it must trade in nickles, but the prices used may be in pennies. For example you may...
Your spread was rejected because you offered it in pennies. In the SPX is must be in nickels. You can offer it at .25 or .30, but not .27
Are you trying to BUY this put spread for a credit? A change was made awhile ago so you can no longer enter this type of spread into the CBOE...
Although the quoted markets are quite wide the "inside markets" where the options actually trade are fairly tight. Good for a professional, but...
Because you would expect them to be "in the money" when the stock begins to trade. By exercising the Nov 5 puts you are selling the stock for $5....
Even if the options weren't auto exercised, you could still request to exercise your puts even if the are "out of the money".
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