Hi! vs. Yup. I wouldn't touch futures and go with options.
Made good money already, far away options.
This is, you better would go for Dec 2004 options now.
Later would be May 2004 and Dec 2005.
I trade them MOC (market on close), usually, close to the fair value of the settlement. Slippage is minimal.
I would say, a "deal": not the best price, but brokers also have to earn some money.<g> Some times, the only way to get a fill.
Experience showed for silver to buy ATM (higher premium as silver is in backwardation).
Options usually are traded by phone.
So, no ticker.
"For account xxxx, buy n Dec silver calls [strike] @ MOC (or @ [price]).
On Barchart and Refco I would have a ticker with these components:
SIZ8000c, SIZ4c8000
SIlver
DeZember
8000 (pips)
c all
ALL options on futures brokers have their own ticker system. Some even other pricing systems.
BTW, you can short options also: margin is the usual margin on futures.
Nice way to trade high positions hey? <vbg> |
