Forex Research Site

I have been working on a new blog that is dedicated to FOREX trading. The site is Forex Research Site and is loaded with free tips and information.

FOREX is a complete entity all by itself and to include it in this blog would be overwhelming to the reader. So I made the "Executive Decision" ;-) to just make a whole new blog on the topic. Thus my absence from this  blog. FOREX is a truly remarkable way to invest money, and with our technology the way it is, there are automated tools available which significantly make the process of trading currencies more successful and much less time consuming.

If you are truly interested in FOREX at all or just curious about how it all works, please, check out Forex Research Site.com and enjoy all the free information available.

That being said, let's see how our S&P 500 index option is doing.

Requirements

Total Cost	($50.00)
Initial Requirement	$1,816.25
Maintenance Requirement	$1,453.00
Total Requirements	$1,816.25
Estimated Commission	$12.99

The underlying FUTURES contract.

	Option SPU11 FUTURES 1174.90 Last 0.00 Change 1174.90 (0) Bid 1174.90 (0) Ask 0 Vol 11:52:44 AM ET Time

The "GEEKS" of it all.

Greeks / NBBO

Symbol	Bid	Ask	IV	Delta	Gamma	Vega	Theta
SPU1900P	0.00	0.10	0.00	0.00	0.00	0.00	0.00
Net				0.00	0.00	0.00	0.00
NBBO	0.00	0.10

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

Thursday S&P 500 Futures Option Report

With the S&P still falling on worries of our Nation's debt crisis deadline getting closer, I find the margin/maintenance requirement on my 900 PUT option has gone higher. It is now at: Maintenance Requirement $933.00.

The "GEEKS" of it all:

Greeks / NBBO

Symbol	Bid	Ask	IV	Delta	Gamma	Vega	Theta
SPU1900P	0.40	0.55	42.19	0.01	0.00	-0.10	0.04

The underlying Futures contract is at:

SPU11 FUTURES

1297.90 Last

-1.00 Change

1297.90 (18) Bid

1298.20 (4) Ask

2,493 Vol

8:28:47 AM ET Time