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Selling Options on Futures?


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Selling Options on Futures?

  #1221 (permalink)
 
eudamonia's Avatar
 eudamonia 
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)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
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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)
 
eudamonia's Avatar
 eudamonia 
Sacramento, CA
 
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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.

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  #1224 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785


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)
 
eudamonia's Avatar
 eudamonia 
Sacramento, CA
 
Experience: None
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Broker: ADM and Sierra Charts
Trading: ES, CL
Posts: 315 since Jul 2010
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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)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785


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)
vmaiya73
Salt Lake City, USA
 
Posts: 88 since Jul 2011
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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)
 
eudamonia's Avatar
 eudamonia 
Sacramento, CA
 
Experience: None
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Broker: ADM and Sierra Charts
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Posts: 315 since Jul 2010
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Seasonal Charts

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  #1229 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785

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)
vmaiya73
Salt Lake City, USA
 
Posts: 88 since Jul 2011
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Thanks guys

V

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