by Tom Nunamaker | Jun 21, 2014 | Options trading, Trading
Time for a new trade in SPX. Another broken wing butterfly trade expiring on Jul 17th with 28 days to expiration. The eight lot of puts are at 1950/1930/1870. The 1930's were about a -22 delta. The trade was put on with a little smaller credit than I like, but it's...
by Tom Nunamaker | Jun 14, 2014 | Options trading, Trading
I put a new SPX Broken Wing Butterfly trade on yesterday with 29 days to expiration. It's an eight lot at 1910/1890/1830 with a put debit spread at 1910/1890 for a next credit of $926 on $31,574 of Reg T margin. That would be +2.93% in 29 days if held to expiration...
by Tom Nunamaker | Jun 10, 2014 | Trading
This is an interesting post from Jim Riggio in our forums where Jim discusses his charts and why he thinks the S&P 500 up move is getting strong… Jim's Post My “Momentum” charts are showing that the S&P's persistant move higher is...