Thursday S&P 500 Futures Option Report

With the Futures Markets still looking a little gloomy, my 900 PUT option is higher on the margin/maintenance requirements. Obviously Wall Street isn't happy with Capitol Hill's solution to the debt crisis. Maintenance Requirement $1176.00. 

The "Geeks" of it all: 

Greeks / NBBO

Symbol	Bid	Ask	IV	Delta	Gamma	Vega	Theta
SPU1900P	0.40	0.55	40.99	0.01	0.00	-0.10	0.05

 The underlying Futures contract is at:

SPU11 FUTURES

1245.10 Last

-9.40 Change

1245.00 (1) Bid

1245.20 (1) Ask

2,461 Vol

7:55:14 AM ET Time

Tuesday S&P 500, 900 PUT Option Report

This morning we find the S&P 500 down again. I had previously made the comment that it would drop to between 1275 and 1250. It would appear the forecast is coming true. It is now the time to do a little more shopping. I'm thinking of SELLING another 900 PUT option. Perhaps in the same month, September. Margin/maintenance is under 1K and time is on my side. The vote on the new budget deal has passed the House and is now in the hands of the Senate. It's not much of a "Deal" and I believe the markets are reflecting their opinion also. But it is what it is. I think IF the Senate votes positively on the "Deal", the markets will rebound again and keep climbing to around 1400. That is unless another "Monkey Wrench" gets thrown into the gears. That being said, here's today's numbers. Margin Requirement $959.00. 

The "Geeks" of it all:

Greeks / NBBO

Symbol	Bid	Ask	IV	Delta	Gamma	Vega	Theta
SPU1900P	0.40	0.55	42.18	0.01	0.00	-0.10	0.04

The underlying Futures Contract is at: 

SPU11 FUTURES

1269.40 Last

-10.30 Change

1269.40 (1) Bid

1269.60 (1) Ask

3,795 Vol

8:39:55 AM ET Time

Monday Morning S&P 500 Option Report

This morning we find a possible agreement in our Nation's Capital concerning the "Debt" crisis. The markets are rebounding on the news but my 900 PUT option has not traded so the numbers on margin/maintenance are still high. It will take a while for the options in the underlying S&P Futures contract to settle back down. Currently my margin/maintenance requirement is at: Maintenance Requirement $1044.00.

The "GEEKS" of it all:

Greeks / NBBO

Symbol	Bid	Ask	IV	Delta	Gamma	Vega	Theta
SPU1900P	0.00	0.00	47.94	0.01	0.00	-0.14	0.07

The underlying Futures contract is at:

SPU11 FUTURES

1303.30 Last

+14.90 Change

1303.60 (3) Bid

1304.00 (22) Ask

2,038 Vol

8:13:45 AM ET Time