Selling Options on Futures? - Options on Futures | futures io social day trading
futures io futures trading


Selling Options on Futures?
Updated: Views / Replies:841,677 / 6,878
Created: by ron99 Attachments:761

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 761  
 
Thread Tools Search this Thread
 

Selling Options on Futures?

  #6391 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 264 since Jan 2015
Thanks: 13 given, 204 received

I ended up opening one last position for the year but used about 8x margin on it. I'm still expecting an end of year rally, with the idea that tax reform goes into next year. After that I'm just gonna take my money out and sit. The air is too thin at these levels....

/rsm005/

Reply With Quote
The following user says Thank You to rsm005 for this post:
 
  #6392 (permalink)
World'sWorstTrader
Knoxville Tennessee USA
 
Futures Experience: Intermediate
Platform: TOS
Favorite Futures: ES, NQ, CL, /6E futures options.
 
Posts: 297 since Oct 2012
Thanks: 131 given, 102 received

Comissions

RON99

May I ask what percentage of your gross profit do commissions make? (commissions/gross profit) ?

Thanks in advance.

Reply With Quote
 
  #6393 (permalink)
Market Wizard
Cleveland, OH
 
Futures Experience: Advanced
Platform: QST
Broker/Data: QST, DeCarley Trading, Gain
Favorite Futures: Options on Futures
 
Posts: 2,918 since Jul 2011
Thanks: 865 given, 5,189 received
Forum Reputation: Legendary



datahogg View Post
RON99

May I ask what percentage of your gross profit do commissions make? (commissions/gross profit) ?

Thanks in advance.

For my ES spreads for 2017 41.2%

Reply With Quote
The following user says Thank You to ron99 for this post:
 
  #6394 (permalink)
World'sWorstTrader
Knoxville Tennessee USA
 
Futures Experience: Intermediate
Platform: TOS
Favorite Futures: ES, NQ, CL, /6E futures options.
 
Posts: 297 since Oct 2012
Thanks: 131 given, 102 received

Commissions


ron99 View Post
For my ES spreads for 2017 41.2%

My ratio of (commissions/gross profit) so far this year is 28.9% , and I thought this was bad.

Reply With Quote
 
  #6395 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 264 since Jan 2015
Thanks: 13 given, 204 received

My position has hit the 50% exit point today but I'm thinking of just hanging on to the current trade until the end of the year. I'm not sure about having another position open going into January....

I know it's against the rules but this will allow me to keep making a small gain without having a net new position open going into a time that's normally "softer" than usual.

/rsm005/

Reply With Quote
The following user says Thank You to rsm005 for this post:
 
  #6396 (permalink)
Market Wizard
Cleveland, OH
 
Futures Experience: Advanced
Platform: QST
Broker/Data: QST, DeCarley Trading, Gain
Favorite Futures: Options on Futures
 
Posts: 2,918 since Jul 2011
Thanks: 865 given, 5,189 received
Forum Reputation: Legendary


rsm005 View Post
My position has hit the 50% exit point today but I'm thinking of just hanging on to the current trade until the end of the year. I'm not sure about having another position open going into January....

I know it's against the rules but this will allow me to keep making a small gain without having a net new position open going into a time that's normally "softer" than usual.

/rsm005/

Sounds like a good idea. Keep an eye out for Dec 22 US government shutdown deadline day.

Reply With Quote
 
  #6397 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 264 since Jan 2015
Thanks: 13 given, 204 received

Also, has anyone seen if it's possible to trade futures against indexes outside the US? I've searched for ETFs that trade the Nikkei but can't find anything that supports options. Anyone tried this?

/rsm005/

Reply With Quote
 
  #6398 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,440 since Dec 2013
Thanks: 1,967 given, 4,163 received
Forum Reputation: Legendary


rsm005 View Post
Also, has anyone seen if it's possible to trade futures against indexes outside the US? I've searched for ETFs that trade the Nikkei but can't find anything that supports options. Anyone tried this?

/rsm005/

Do you mean
Non-US index's in the US
or
US Index's outside the US?

(CME has Nikkei Futures in both USD (NKD) & Yen (NIY) that do actually trade, and also lists other index's but most of them don't trade)

Reply With Quote
 
  #6399 (permalink)
Elite Member
vancouver BC/Canada
 
Futures Experience: Beginner
Platform: Zaner360, OX
Broker/Data: DeCaley
Favorite Futures: options
 
Posts: 264 since Jan 2015
Thanks: 13 given, 204 received


SMCJB View Post
Do you mean
Non-US index's in the US
or
US Index's outside the US?

(CME has Nikkei Futures in both USD (NKD) & Yen (NIY) that do actually trade, and also lists other index's but most of them don't trade)

Thanks. I checked /NKD but unfortunately there are no options available on it. I'll call ThinkOrSwim and see if there are any other options available. I wanted to have alternative indexes outside the US to monitor.

/rsm005/

Reply With Quote
 
  #6400 (permalink)
World'sWorstTrader
Knoxville Tennessee USA
 
Futures Experience: Intermediate
Platform: TOS
Favorite Futures: ES, NQ, CL, /6E futures options.
 
Posts: 297 since Oct 2012
Thanks: 131 given, 102 received

2018


This year has been an unusual and good year for option sellers.
Good because there have been very few sell offs that create problems
for short options. The VIX this morning is at 9.65 , and the high for
the year (so far) is 17.28 . Can anyone remember when the VIX
was over 50? Experienced option sellers will always have one eye
toward the sky watching for that black swan. New option sellers
will not be concerned because they do not know that the black swan
can at any time from a clear blue sky swoop down and produce havoc,
mayhem, and destruction for the entire countryside.

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

Reply



futures io > > > > Selling Options on Futures?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

July Journal Challenge - $500 in Amazon Gift Cards!

July
 

AXESS Trader: Powerful Cloud Based Trading Platform w/GFF Brokers

Jul 17

TBA: FuturesTrader71 w/Morad Askar

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Futures with options as protection Gooffy2010 Commodities Futures Trading 7 November 7th, 2017 11:06 AM
Crude Oil (CL) futures inverse pairing options Big Mike Commodities Futures Trading 8 December 12th, 2013 11:00 AM
Recommend futures, options Broker? sam1197 Reviews of Brokers and Data Feeds 17 March 27th, 2013 12:42 AM
Selling Njniatrader sam1197 NinjaTrader 22 June 28th, 2012 12:40 PM
Zen-Fire Futures options tici88 Reviews of Brokers and Data Feeds 1 July 30th, 2011 09:16 AM


All times are GMT -4. The time now is 11:57 AM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@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 2018-07-16 in 0.11 seconds with 14 queries on phoenix