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Selling Options on Futures?
Started:July 19th, 2011 (06:16 PM) by ron99 Views / Replies:568,414 / 5,727
Last Reply:December 2nd, 2016 (12:40 PM) Attachments:642

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Selling Options on Futures?

Old March 1st, 2016, 07:25 PM   #5321 (permalink)
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Maybe different type of account

I wonder because mine is a IRA account

Can you please try something else tomorrow morning and we can try to match

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Old March 1st, 2016, 10:01 PM   #5322 (permalink)
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jokertrader View Post
I wonder because mine is a IRA account

Can you please try something else tomorrow morning and we can try to match

No IRA-Acount on my side, so I don't know the restrictions and actually I think the margin numbers could be correct. I always check the required margin before writing my options and have not come to bigger problems with it. My account is in , so some numbers are in and some in $. I could try to match some options margin, if you want. As I'm doing statistics over all option trades (including the margin behavior depending on different market changes) the only time consuming thing is that it seems not to be possible to show the margin without calculating it via context of the position.

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Old March 4th, 2016, 08:34 AM   #5323 (permalink)
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IB margins for IRA account


Please see different options, spreads from my IB account

I have the actual values to back this up - would be great if someone could compare them with your brokerage where u sell options
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For example, I have from IB strategy builder attached
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Old March 4th, 2016, 02:21 PM   #5324 (permalink)
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jokertrader View Post
Please see different options, spreads from my IB account

I have the actual values to back this up - would be great if someone could compare them with your brokerage where u sell options
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For example, I have from IB strategy builder attached
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Here are SPAN initial margins. A lot lower.
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Old March 4th, 2016, 03:03 PM   #5325 (permalink)
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Thanks Ron

Futures Edge on FIO
What i guessed.. way different from actual SPAN margins

On a side note, you told me this probably about 6 months ago - IB maybe cheaper with commissions but not worth it due to the difference in SPAN margins

I will download the SPAN files this weekend and check myself for practice.

thanks much

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Old March 4th, 2016, 03:10 PM   #5326 (permalink)
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jokertrader View Post
What i guessed.. way different from actual SPAN margins

On a side note, you told me this probably about 6 months ago - IB maybe cheaper with commissions but not worth it due to the difference in SPAN margins

I will download the SPAN files this weekend and check myself for practice.

thanks much

The profit from being able to do more trades far offsets the extra cost of trading somewhere else.

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Old March 4th, 2016, 03:37 PM   #5327 (permalink)
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ron99 View Post
The profit from being able to do more trades far offsets the extra cost of trading somewhere else.

I fully agree. I was customer of IB, but soon moved on. Main reason was the attitude of IB towards selling of options on futures.

Best regards, Myrrdin

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Old March 5th, 2016, 09:15 PM   #5328 (permalink)
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@ron99

Ron,

I had a quick question for you regarding the recent volatility in the market. Have you noticed if the rate of decay for an option has stayed the same or slowed down? In the past it took between 30 to 45 days for an option to reach 50% of its value, have you still found this to be the case?

/rsm005/

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Old March 5th, 2016, 09:57 PM   #5329 (permalink)
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rsm005 View Post
@ron99

Ron,

I had a quick question for you regarding the recent volatility in the market. Have you noticed if the rate of decay for an option has stayed the same or slowed down? In the past it took between 30 to 45 days for an option to reach 50% of its value, have you still found this to be the case?

/rsm005/

@rsm005, if you mean the spread, I closed three this past week at 40-47%. Duration held was less than ten days in each case but of course mkt. was particularly strong. Early stages for me, was conservative, delta of short put ranged from 5.3 to 6.0, and net delta of the spreads ranged from 1.0 to 2.1. My first post here, big thanks to Ron, you, Myrrdin, and many others for so many helpful posts.

Forgot to note DTE was 109 to 114.


Last edited by casey44; March 5th, 2016 at 10:12 PM. Reason: Forgot to note DTE
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Old March 6th, 2016, 08:53 PM   #5330 (permalink)
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rsm005 View Post
@ron99

Ron,

I had a quick question for you regarding the recent volatility in the market. Have you noticed if the rate of decay for an option has stayed the same or slowed down? In the past it took between 30 to 45 days for an option to reach 50% of its value, have you still found this to be the case?

/rsm005/

I'm sorry, but I am not watching ES puts right now. Doing milk trades.

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