Selling Options on Futures? (Page 427) - Options on Futures | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Options on Futures


Selling Options on Futures?
Started:July 19th, 2011 (06:16 PM) by ron99 Views / Replies:568,065 / 5,727
Last Reply:Yesterday (12:40 PM) Attachments:642

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 642  
 
Thread Tools Search this Thread

Selling Options on Futures?

Old May 31st, 2015, 05:36 PM   #4261 (permalink)
Membership Temporarily Revoked
Memphis,TN
 
Futures Experience: Advanced
Platform: ThinkorSwim,FXCM, Ensign Software
Broker/Data: ThinkorSwim, FXCM
Favorite Futures: Futures, Forex, Options
 
mdsvtr's Avatar
 
Posts: 232 since Sep 2010
Thanks: 853 given, 26 received

I just found these reports , tied with the different Products.... ( says these are the most Important reports for the following products )

Attached Thumbnails
Selling Options on Futures?-2015-05-31-economic-release-calendar-help-feedback-center-internet-explorer.png  
Reply With Quote
     
The following user says Thank You to mdsvtr for this post:
     

Old June 1st, 2015, 03:43 AM   #4262 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received


mdsvtr View Post
Myrrdin,
I really appreciate your reply

I know that traders look at the USDA reports for the agriculture based commodities

What specific reports do you recommend knowing and keeping an eye on, for when they are reported that can cause the most likely Limit moves ?
Mainly the one or two reports that could cause Limit locks on the grains or the Meats, etc.. ?

I learned this lesson the hard way in trading Forex, back when the Swiss crash hit, and my stops were blown through ..... I had no idea the significance of the report that was coming out and the possible impact that it could cause to CHF pairs ( I was Long the EUR/CHF ) of all pairs lol
That was a tough and expensive lesson learned

Thanks again

I am afraid we are discussing in the wrong thread. I will continue in a new thread in the commodity section. Perhaps a moderator can move the whole discussion there.

Best regards, Myrrdin

Reply With Quote
     

Old June 1st, 2015, 12:00 PM   #4263 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 213 since Jan 2015
Thanks: 13 given, 172 received


Interesting observation. It seems that odd prices decay at a different, perhaps slower, rate than others. For example, I have a small position in ES at 1680 and it's not decaying as fast as 1650. I'm wondering if this is a function of lower volume or if I'm seeing something that just isn't there.

My position has been out for about 14 days and the price decay hasn't been nearly as aggressive as I thought it would, 20%.

/rsm005/

Reply With Quote
     

Old June 1st, 2015, 12:17 PM   #4264 (permalink)
Market Wizard
OH
 
Futures Experience: Advanced
Platform: QST
Broker/Data: QST, DeCarley Trading, Gain
Favorite Futures: Options on Futures
 
Posts: 2,323 since Jul 2011
Thanks: 634 given, 3,902 received
Forum Reputation: Legendary


rsm005 View Post
Interesting observation. It seems that odd prices decay at a different, perhaps slower, rate than others. For example, I have a small position in ES at 1680 and it's not decaying as fast as 1650. I'm wondering if this is a function of lower volume or if I'm seeing something that just isn't there.

My position has been out for about 14 days and the price decay hasn't been nearly as aggressive as I thought it would, 20%.

/rsm005/

Don't look at last trade, look at mid point between bid and ask. Aug 1680 has declined more than 1650 in last two weeks.

There are other factors but the main one is price decay is dependent on what the futures do. ES futures are down 18 over last two weeks so decay is slower for puts.

Reply With Quote
     
The following user says Thank You to ron99 for this post:
     

Old June 1st, 2015, 12:36 PM   #4265 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 213 since Jan 2015
Thanks: 13 given, 172 received

Futures Edge on FIO

Are you a NinjaTrader user?

 
Thanks for the info Ron, I'm looking to put on my first, largish position against ES next week. 75 contracts at 1650 and 25 at 1700 for Sept for a total of 100 puts. Let's see how that goes.

/rsm005/

Reply With Quote
     

Old June 1st, 2015, 01:15 PM   #4266 (permalink)
Elite Member
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 679 since Nov 2014
Thanks: 1,031 given, 550 received


rsm005 View Post
Thanks for the info Ron, I'm looking to put on my first, largish position against ES next week. 75 contracts at 1650 and 25 at 1700 for Sept for a total of 100 puts. Let's see how that goes.

/rsm005/

I would consider entering the trade on Friday instead of early next week. Gives you two additional days to reduce time value.

Best regards, Myrrdin

Reply With Quote
     

Old June 1st, 2015, 02:27 PM   #4267 (permalink)
Market Wizard
OH
 
Futures Experience: Advanced
Platform: QST
Broker/Data: QST, DeCarley Trading, Gain
Favorite Futures: Options on Futures
 
Posts: 2,323 since Jul 2011
Thanks: 634 given, 3,902 received
Forum Reputation: Legendary


myrrdin View Post
I would consider entering the trade on Friday instead of early next week. Gives you two additional days to reduce time value.

Best regards, Myrrdin

Yes very good point.

Reply With Quote
     

Old June 1st, 2015, 05:15 PM   #4268 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,194 since Jul 2012
Thanks: 1,004 given, 3,965 received


rsm005 View Post
Thanks for the info Ron, I'm looking to put on my first, largish position against ES next week. 75 contracts at 1650 and 25 at 1700 for Sept for a total of 100 puts. Let's see how that goes.

/rsm005/

With this trade, do you plan to follow the 3x margin rule? That would mean you'd need about $225K in your account to make the trade.

That just seems like a huge trade for a "first" trade, and it even seems big for a "first large" trade...

Just my 2 cents...

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
     

Old June 1st, 2015, 06:45 PM   #4269 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 213 since Jan 2015
Thanks: 13 given, 172 received

Kevin,

Good point. $225k is the size of my account but I've been trading with a lot less for the past 6 months or so. You're probably right about the size of the trade though...I just kinda said "f' it, let's jump into the deep end of the pool". Probably not the smartest idea so ... good that I'm getting feedback from the folks here .

/rsm005/

Reply With Quote
     
The following user says Thank You to rsm005 for this post:
     

Old June 2nd, 2015, 08:27 PM   #4270 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 213 since Jan 2015
Thanks: 13 given, 172 received


Ron,

One quick question. Do you guys prefer positions that expire EOM or middle of the month. Does it even matter with this your method?

Thanks,
/rsm005/

Reply With Quote
     
The following user says Thank You to rsm005 for this post:
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Options on Futures > Selling Options on Futures?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Crude Oil (CL) futures inverse pairing options Big Mike Commodities Futures Trading 8 December 12th, 2013 12:00 PM
Recommend futures, options Broker? sam1197 Brokers and Data Feeds 17 March 27th, 2013 01:42 AM
Trading Futures with options as protection Gooffy2010 Commodities Futures Trading 6 October 2nd, 2012 05:55 PM
Selling Njniatrader sam1197 NinjaTrader 22 June 28th, 2012 01:40 PM
Zen-Fire Futures options tici88 Brokers and Data Feeds 1 July 30th, 2011 10:16 AM


All times are GMT -4. The time now is 09:54 PM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts

Page generated 2016-12-03 in 0.12 seconds with 20 queries on phoenix via your IP 54.166.48.3