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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (3128)9/3/1998 9:41:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
>> Has Time Decay eroded the premium at all yet? I used to know formulae for that stuff but these days I would have to look it up. <<

Not sure which series you are referring to -- the Sep 535s that I sold for 16+ is now worth less than 1.

Yesterday I sold the Sep 490 for 17+ and the Oct 500s for 21

I was looking to establish synthetic shorts if I get a continuation sell signal--but only if the premiums don't go through the roof.