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Selling Options on Futures?


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Selling Options on Futures?

  #6311 (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

ES margins increasing 7.1% effective Tue Sep 11. Spec IM for ES futures going from $4,620 to $4,950.

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Can you help answer these questions
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  #6312 (permalink)
TraderGriz
Minnesota
 
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Calamari88 View Post
Do seasonal tendencies apply to the T-bond, 10 year T-note and 5 year T-note?

In my experience they don't follow sesonals

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  #6313 (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


My ES spreads are at 57 and 60% drop in premium right now. Because this is ESu futures expiration week and the tendency is for ES to peak on Thu and then drop on Friday I will probably exit late Thu and then wait till next week to reenter. We'll see if this works.

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  #6314 (permalink)
Calamari88
Henderson, NV, USA
 
Posts: 63 since Feb 2015
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Does anyone know where I'd find a good futures option history database for backtesting purposes? I'd need the open, high, low and closing prices. The subscription I have to USChartco has option history but it only goes back 1 year and I'd probably need 2+ years of data.

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  #6315 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
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Calamari88 View Post
Does anyone know where I'd find a good futures option history database for backtesting purposes? I'd need the open, high, low and closing prices. The subscription I have to USChartco has option history but it only goes back 1 year and I'd probably need 2+ years of data.

Ivolatility.com sells such data. I was always satisfied with their services.

Best regards, Myrrdin

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  #6316 (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

On Aug 16 I sold ESx7p1960(2)p1710(3) for 2.95.

I exited today at 1.80. 29 days held. 1.7% ROI.

On Aug 23 I sold ESz7p1920(2)p1680(3) for 4.45.

I exited today at 2.50. 22 days held. 5.3% ROI.

I might reenter Fri late or Monday.

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  #6317 (permalink)
sujiroy
Vancouver
 
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Where in this forum can I get more info on selling options on futures? Thanks.

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  #6318 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
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sujiroy View Post
Where in this forum can I get more info on selling options on futures? Thanks.

1. Reading the complete threads "Selling Options on Futures ?" and "Diversified Option Selling Portfolio".

2. Asking the questions which have not yet been answered in these threads.

Good trading !

Best regards, Myrrdin

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  #6319 (permalink)
 manuel999 
Germany
 
Experience: Intermediate
Platform: TWS
Trading: Options on futures
Posts: 155 since Jul 2014
Thanks Given: 341
Thanks Received: 142


ron99 View Post
On Aug 16 I sold ESx7p1960(2)p1710(3) for 2.95.

I exited today at 1.80. 29 days held. 1.7% ROI.

On Aug 23 I sold ESz7p1920(2)p1680(3) for 4.45.

I exited today at 2.50. 22 days held. 5.3% ROI.

I might reenter Fri late or Monday.

In both trades you exited before reaching a 50% decay in the option price.
What lead you to get out of the trade? Do you have a specific ROI target?

Thanks.

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  #6320 (permalink)
 datahogg 
Knoxville Tennessee USA
 
Experience: Intermediate
Platform: TOS
Trading: ES, NQ, CL, /6E futures options.
Posts: 346 since Oct 2012
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Thanks Received: 154


Has anyone had any luck with hedging short ES puts by selling an ES futures contract?

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