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Search: Posts Made By: Bookworm
Forum: Options September 13th, 2020, 03:20 PM
Replies: 8
Views: 7,021
Posted By Bookworm
CBOE show XSP options doing an average daily...

CBOE show XSP options doing an average daily volume of well under 30,000. That is way below what I would consider a liquid marketplace. For reference, a slow month in SPX is an ADV of just under a...
Forum: Options September 13th, 2020, 12:42 PM
Replies: 8
Views: 7,021
Posted By Bookworm
I trade both SPX and ES options (which are half...

I trade both SPX and ES options (which are half the size of SPX) depending on the size of the position I want to put on. SPY options are 1/10th the size of SPX and don't get 1256 tax treatment but if...
Forum: Options September 13th, 2020, 10:40 AM
Replies: 8
Views: 7,021
Posted By Bookworm
Unless you are very familiar with the rules and...

Unless you are very familiar with the rules and risks of the different contracts and series then it would be wise to stay away from expirations. ITM Non quarterly ES options expire into futures...
Forum: Options September 12th, 2020, 11:42 AM
Replies: 8
Views: 7,021
Posted By Bookworm
ES futures and the SPX move almost tick for tick...

ES futures and the SPX move almost tick for tick which means any strategy should create very similar results. Both are 1256 contracts and get favorable tax treatment. The ES options are half the size...
Showing results 1 to 4 of 4

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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