I can't seem to get SPX weekly quotes. I tried on CBOE website, but when I put the symbol root, JXA, I just get the chain for the SPX regular...
Today, I bought some SPY hedges. I bought 2 118/116 Bear Put Spread for a totaly of $0.90. I've gotten $5.35 in credits this month, so I...
Thanks so much for the explanation. I will definately be looking into it, if we go lower.
Still a little confused about the butterfly hedge. Current IC on SPX is 1160/1240. I feel that I might have to adjust by put side. To roll...
Yeah I know that. I'm trying to do deep OTM credit spreads and at the same time try to buy MNX hedges. Can't find any good ones though. I'm trying...
When went to CBOE.com website to see how the settlement of NDX options work, I got the followng: Settlement of Option Exercise: "The...
I also opened a 1240/1250 Call Spread for $0.55 today. I now have a IC for SPX(1160/1240): 1160/1150: $1.20 1240/1250: $0.55 TOTAL CREDIT:...
I guess buying a bear put spread above your short strike of your IC would make more sense. When you say 120/116/112 FLY, are you saying Sell...
Coach, Going back to the SPY hedges. Suppose I had a 1160/1150 Put Spread and received a credit of $1.20. With SPX at 1,179.59, let's say I...
Ok. Thanks for your help.
Coach, Thanks for your response. I would also like to take the time to thank you for starting this thread. You have really helped me a lot in my...
Hi Coach, For the month I actually broke even before commissions. But, that was because I was not only doing IC's on SPX but on others too, like...
According to Yahoo Finance, SPX closed at 1177.80. Since the SET value was at 1183.79, someone who was short 1180 call, would have been assigned?...
Hi Coach Phil, I finally got a hold of your book. To my surprise, I actually found it in my college (UIC) library. I was reading the...
I went to the link. It looks interesting. But I have a question. How do you set up a butterfly with middle strikes $3 apart? I like how the...
I could take between 1160 & 1230! :) Daytrader85
That's right. That is exactly what I did with all my spreads unfortuntely this month. One of them being on my MNX spread. My original position:...
Me too. I have a 1165 / 1230 IC, and 1150 / 1160 Put Spread. Got $2.35 credit in total for the spreads.
Is there any way you could share on how you trade or what you use to trade ES? Thanks. Daytrader85
I totally agree with you. I have been thinking about doing the same thing for past few days. But I haven't seen any good premiums for those...
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