I was not the one who came up with the name "lottery ticket." However, if you are going to continue with this strategy, please be aware that your...
Combine this with the new penny increments in options that are forthcoming and you have scalpers' paradise. I don't know what this outfit is...
There is a new outfit "Optionshouse" that charges NO contract fees, and I think a flat fee of $9.95. I don't know anything else about them....
I have realized all along this is the way they are priced. It's called backwardation, I believe. Just looking for opportunities . . . . and they...
FA, Thanks for your input. It seems the big key in this is to get your broker to allow you to set up the position "free" with no naked...
MTE, Thanks for the input. No, I did not forget about that. And I just used that particular month/strike as an example. It is possible to...
Good Point. Perhaps the best strategy is to deal with SPY puts that have some more time value. Then, if your broker will consider them...
OEX and XEO are both settled on the S & P 100, right? One is American style and the other is European style. Where would one go wrong using...
I think I have accounted for everything. Unless there is a large divergence between SPY and SPX prices, there are opportunities. Not $15 of free...
After looking at these strategies more closely (namely the put spread), they all provide at least 4 to 5% return with the opportunity for much...
Why Spin, is that really you? Are you still hanging out at the other cyber-place, or has everyone defected over here?:) I don't know how...
Yahoo Finance for January 22, 2004 has the SPX at 1143.94 and the SPY at 114.80 with an adjusted close of 109.29. I don't have immediate access...
Yet one more play on this is to buy 10 deep ITM SPY calls (Dec 60s) and buy the SPX Dec 1900 put to form a "gut." Just thinking out loud. AZD
Also, worst case scenario with assignment, with dividends on the SPY you get 4 to 5% a year. Best case scenario, you get a very cheap call on...
Yes, I realize that assignment is likely that far in the money. However, if you go for example to the 1600s/160s you still get a credit. I'm...
Ooops, make that 16K on 40K would be 40% return or 13%+ a year, no? AZD
"This is not an arb opportunity!" But is it an opportunity? 1:10 contracts brings in 16,000 for 3 yrs. You get interest on that amount,...
Seems to be almost a 1:1 correlation over a long period of time. AZD
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