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Selling Options on Futures?
Created: by ron99 Views / Replies:621,577 / 5,909
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Selling Options on Futures?

  #1221 (permalink)
10 out of 10
Sacramento, CA
 
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Thanks. Glad I'm not the only one doing Cotton calls. This trade is my first one against the current trend (even though seasonals have a tendency down and even though fundamentals are mixed) so I'm feeling the stress lol.

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  #1222 (permalink)
Market Wizard
Cleveland, OH
 
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I put mine on last week. Then on Monday they raised margin by 23%. The ROI isn't very good now. Monthly 1.8%.

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  #1223 (permalink)
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eudamonia's Avatar
 
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Depends on the price. I got mine in this morning at 0.06. $25 after commissions, margin $108, buffer $216. I'm showing a 3.08% ROI.


Last edited by eudamonia; April 2nd, 2013 at 12:07 PM.
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  #1224 (permalink)
Market Wizard
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eudamonia View Post
Depends on the price. I got mine in this morning at 0.06. $25 after commissions, margin $108, buffer $216. I'm showing a 3.08% ROI.

With futures being up today the margin will be higher tomorrow. It will probably be about the same 1.8%.

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  #1225 (permalink)
10 out of 10
Sacramento, CA
 
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Thanks for that info. Are you getting the info on the margin hikes from your SPAN calculator? Seems like that is one handy tool.

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  #1226 (permalink)
Market Wizard
Cleveland, OH
 
Futures Experience: Advanced
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eudamonia View Post
Thanks for that info. Are you getting the info on the margin hikes from your SPAN calculator? Seems like that is one handy tool.

I'm on ICE's email list to be notified of the margin changes like the one that happened Monday. When they raise futures margin by 23%, options margins increase by that much too.

But my statement saying the margin would go up from 108 tonight is based on the fact that futures are up today. I don't know how much and it depends on where it settles.

ICE does not put out new SPAN margins on options during the trading day.

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  #1227 (permalink)
Trading for Fun
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Hey guys,

I know somewhere in this thread is a link for a good seasonals charting; unfortunately had to wipe my HD and reinstall everything so lost the link, can someone put it up again ?

thanks

V

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  #1228 (permalink)
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Seasonal Charts

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  #1229 (permalink)
Market Wizard
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Since this thread has become so large you can use the Search This Thread feature to easily find things in the thread. It is in the upper right. Right below the page numbers.

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  #1230 (permalink)
Trading for Fun
Reno, USA
 
Futures Experience: Intermediate
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Thanks guys

V

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