Option Trading Articles: [ConservativeOptionStrategies] Re: trades today spy and iwm puts

Saturday, May 22, 2010

[ConservativeOptionStrategies] Re: trades today spy and iwm puts

there is a high correlation between the two. they both move in the same direction however the range of the move is different. iwm is more volatile and hence the higher premiums. i just try with nake puts to have all the same volatility....drjoe

--- In ConservativeOptionStrategies@yahoogroups.com, "wavemechanic" <olesmithy@...> wrote:
>
> djjoe,
>
> Given the high correlation between SPY and IWM, the similar performance and broad base (although somewhat different), I wonder why do you feel it is necessary to "play" in both sandboxes.
>
> Bill
> ----- Original Message -----
> From: joe & leigh
> To: ConservativeOptionStrategies@yahoogroups.com
> Sent: May 20, 2010 2:58 PM
> Subject: [ConservativeOptionStrategies] trades today spy and iwm puts
>
>
> spy june 99 strike for 2.15,
> iwm august 58 strike for 3.00,
>
> 10 contracts each
>
> both 10% in the money
>
> drjoe
>
>
>
>
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