Replies to post #47046 on S&P 500 & Nasdaq Analysis and Trends

[dr_praeses]

but you're forgetting gamma.

let me see what my "trade analyzer" thingy does from thinkorswim. I haven't taken the 2 hour tutorial on how to use it tho...

SWEET trade by the way :)

okay this is what i produced on 5 contracts:

[Myself °¿°]

but trying to calculate an opening bid using pre-market data

doing the same with spy

 
          Symbol       OEYEQ             
                             
            Type         OEX 
                    MAY 2007 
                    685 Call 
                             
         Bid/Ask   4.80/5.00 
           Delta      0.4859 
           Gamma      0.0307 
                             
  Expires (days)           7 
    Implied Vol.     13.7065 
     1 Day Decay     -0.4167 
                             
    Time Premium        4.90 
   Intrinsic Val        0.00 
                             
       Stk Price    * 683.73 
      Off-Target        2.72 
                             
            3.00        6.45 
       >    2.75        6.31 
            2.50        6.18 
            2.25        6.04 
            2.00        5.90 
            1.75        5.77 
            1.50        5.64 
            1.25        5.52 
            1.00        5.39 
            0.75        5.26 
            0.50        5.14 
            0.25        5.02 
                             
            0.00        4.90 
                             
           -0.25        4.78 
           -0.50        4.66 
           -0.75        4.54 
           -1.00        4.41 
           -1.25        4.30 
           -1.50        4.19 
           -1.75        4.07 
           -2.00        3.96 
           -2.25        3.85 
           -2.50        3.75 
           -2.75        3.64 
           -3.00        3.53 
                             
                             
          Loaded     9:20:02 
                       AM ET