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Selling Options on Futures?
Started:July 19th, 2011 (06:16 PM) by ron99 Views / Replies:569,198 / 5,728
Last Reply:December 6th, 2016 (05:26 PM) Attachments:642

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Selling Options on Futures?

Old March 26th, 2013, 01:54 PM   #1141 (permalink)
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The SPAN minimum margin is $402 for the CL Jul 75 put. It's $336 for the 120 call.

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Old March 26th, 2013, 01:56 PM   #1142 (permalink)
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morby1369 View Post
Have you ever looked at trading the weekly options...really nice decay.

Which commodity?

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Old March 26th, 2013, 02:12 PM   #1143 (permalink)
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ron99 View Post
The SPAN minimum margin is $402 for the CL Jul 75 put. It's $336 for the 120 call.

Which broker are you using? thx

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Old March 26th, 2013, 02:21 PM   #1144 (permalink)
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kisskais View Post
Which broker are you using? thx

SPAN is the minimum margin set for all commodities and all FCM and brokers. Some places charge more than SPAN minimum. None should charge less.

I use OX, ADM, and OEC but I have the SPAN program to calculate margin.

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Old March 26th, 2013, 07:44 PM   #1145 (permalink)
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morby1369 View Post
Have you ever looked at trading the weekly options...really nice decay.

Actually...I just started looking at the weekly mini-500's last weekend. Still 'studying'....

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Old March 26th, 2013, 08:56 PM   #1146 (permalink)
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opts View Post
Actually...I just started looking at the weekly mini-500's last weekend. Still 'studying'....

But...remember that the e-mini is the stock market and there is a lot of emotion riding this bull. My 2 cents is that there is a lot of volatility on the sidelines and I would be very cautious about which way I would want to enter this index. My thoughts are that right now it might be better to day-trade options on this one versus holding until expiration. Selling options on this market is on the extreme back burner for me at this point....

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Old March 27th, 2013, 12:12 PM   #1147 (permalink)
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span

Hey Guys
Good thread. Sold 2 cl june 105 calls yesterday. Seems to be a problem at the broker about margins. What would be the span on these in your opinion. bought 1 further out to deal with the issue. new account so might not be the right outfit. Thanks for your help

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Old March 27th, 2013, 12:27 PM   #1148 (permalink)
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chartminder View Post
Hey Guys
Good thread. Sold 2 cl june 105 calls yesterday. Seems to be a problem at the broker about margins. What would be the span on these in your opinion. bought 1 further out to deal with the issue. new account so might not be the right outfit. Thanks for your help

SPAN minimum margin is $1848.

That is an extremely risky trade. Not something I would ever do. Be careful.

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Old March 27th, 2013, 12:39 PM   #1149 (permalink)
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Thanks for your advise Ron

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Old March 27th, 2013, 01:17 PM   #1150 (permalink)
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Im looking at /CLM3,

50 DTE, delta of -.02; credit of $335 (after commisions), reducing buying power effect by $2450--this is on TOS platform

any thoughts?

thx

V

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