Thanks john and ron. Sorry about the mistype, I meant $80! Ron, I did not take into consideration the increase in margin requirement that would occur if crude were to drop as in this example. In futures the margins don't change very often, so this is not something I typically have to deal with, but it makes sense that as an exercise becomes more likely, that you are asked to have more capital on hand in the event of an exercise. Thanks guys for humoring my basic questions.

PC-SPAN version 4's scripting component is available as a separate utility, called spanit. You can call it from the command line or batch file by issuing the following command:
spanit fileName
Where fileName is a fully specified pathname of the script file.

Script should be written as a regular ASCII file. There are no restrictions on the naming of the file other than restrictions placed by the file system. Every command in the file should be on a separate line (CR serves as a delimiter). Parameters for commands are delimited by comma (any number of spaces between parameters is allowed). Any number of empty lines is allowed between commands. Comments should be placed on separate lines.

Any computer gurus out there?

I am trying to make this work
https://www.cmegroup.com/confluence/display/pubspan/Script+Language+for+PC-SPAN+v.4.05+and+SPAN+Risk+Manager



I am trying to do the Load command but having no luck. Can someone walk me thru it?

call it from the command line or batch file by issuing the following command: spanit fileName ???

Script???

You first have to find spanit on your PC. Go to start menu, select run, then browse. It depends where you installed span program originally. I found mine at "C:\Program Files (x86)\Span4\Bin\spanit.exe"

That will at least get you to execute spanit. Then comes the script stuff. I'll try to read up on that.


By the way, what are you hoping spanit will do for you?

I want it to load the daily files, CME & NYB (ICE) files. Run the program (Calc) to see new margins, save portfolio.

Trying to save the time it takes to do all of those steps manually.

I tried running spanit from lower left command line using run and full path to spanit. It runs for about 0.10 seconds, a box pops up and is gone before I can read it, and does nothing.

Do you make the script using Notepad? It wants an ASCII file.

BlueRoo/Turch,

A penny for your thoughts. I have followed Ron's methods fairly closely over the last year for very good results. I guess my main deviation from Ron's trading is where i find it worthwhile to make a trade. From memory Ron is more than willing to sell CL @ 0.02-3, whereas for me, because of our higher commission charges here in Aust i do not see that as worthwhile. I generally look to sell most options at around 0.05-6. Do you guys generally look at slightly higher Premium per option than the guys in the US because of our higher commission charges?

Regards,

Bakes