SPXpm

Posted by OldFart on September 15, 2011 (11:13AM)

If you trade index options the new fully electronic SPX PM settlement options start trading Oct 4. Here is the link - http://www.cboe.com/micro/spxpm/default.aspx

Posted by doougle on September 15, 2011 (03:26PM)

Interesting that it's electronically traded and not open outcry.  I wonder if the spread will be tighter than SPX.  I wonder if SPX will lose significant volume.

What difference do you think the PM settlement will cause?

Posted by OldFart on September 16, 2011 (10:14AM)

I think the PM settlement aligns with regular option expiration and the big traders may be able to arbitrage. It is a better hedge for a big cap SPX-like position. I have mixed feelings, it will steal some volume from SPY and futures, at least initially and since I trade SPY hope it does not affect the tight bid/ask spread there

Posted by OldFart on October 04, 2011 (12:53PM)

Today is Oct 4 - SPXpm options start trading

You must Log In to post to this forum.

Not a member? Register Now to …

  • See what other traders are doing
  • Make your own trades public
  • Share your thoughts on a trade
  • Join or start a group
  • Connect with like-minded traders