The Wall Street Journal had an article Tuesday morning (see link) titled “Mortgage Break Faces Irrelevancy” which outlined possible impacts from proposed tax changes. The author (Laura Kusisto) quoted several sources each of whom suggested that, under the current proposal, fewer taxpayers would be able to take advantage … Read More
There’s have been 7 options trades this month (to go with 10 from August).
Here’s a table of my suggested offering labels. (Note table was updated for current spot values on Sept 21). Again, given the huge number of potential contracts (combining strikes, expirations, puts and calls) I’m only going … Read More
I posted a recap of activity in the CME Case Shiller home price futures contracts for June. You can access in the Reports section or via this link.
The 28-page report contains numerous tables and graphs of relevant information, including a section with graphs, prices and put option quotes … Read More
I’ve updated my table (see below) of suggested offering levels for CME Case Shiller puts. Note that I’ve eliminated puts for Aug ’17 expiration as there’s too little time and volatility to justify prices other than intrinsic value. Furthermore, some quotes show up as “1.0” in red, as the theoretical … Read More
As readers of the monthly recap may have noted I’m trying to drum up interest in the Case Shiller home price index -options that can be traded on the CME. Retail interest seems as much focused on options as (among other points) there’s no risk of being on the wrong … Read More
I’ve updated a table of option pricing on the CME Case Shiller futures for Feb ’18 expiration. I’ve picked Feb ’18 as the index released that month (the value the options/futures will settle on) is the Case Shiller index value for Dec ’17. Thus we can get into debates not … Read More
Related to accessing a new broker……
I’m in an awkward situation where the CME has rolled out option trading on the Case Shiller home price index futures for certain regions, but I’m not able to post quotes on those new put contracts (i.e. the ones for BOS, DEN, LAV, MIA, … Read More
As I noted in previous blogs, the CME has recently made it slightly easier to trade options in the “new 7” regions (BOS, DEN, LAV, MIA, SDG, SFR and WDC). While it was possible in the past to trade a minimum of 20 lots ex-pit, one can now electronically trade … Read More