Todays Option Update

The S&P is up a bit today.

SPU11 FUTURES

1311.00 Last

+0.30 Change

0.00 (0) Bid

1313.50 (0) Ask

19,815 Vol

3:39:36 PM ET

However, volatility and lag into the options end of the S&P  has raised my maintenance/margin requirement up a little. It is now: Maintenance Requirement: $929.00

Online commodity trading is exciting and can be very lucrative to any individual that has enough knowledge and expertise to do it wisely. I personally prefer doing the options trading as the risk is much lower. A good book that can start you on your way if your interested in starting quicker is Trading Futures For Dummies. This book is loaded with useful information if you are NOT already familiar with basic futures trading.

Futures trading is not something you learn overnight. It took me over a year to learn the basics and become successful at it. Knowledge is the most important key when trying to understand futures contracts and how they work. See ya in the pits!