ACE E-Mini S&P - Aug 16, 2021

Below is an illustration trading futures options on E-Mini S&P.  Our post shows bullish and bearish positions using a combination of call and put options.


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Trade Options on Futures

E-Mini S&P * Directional & Neutral Positions

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E-Mini S&P

 

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Volatility

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Notes:

Contract Size - $50 x S&P 500 Index.

Tick Size:  Outright: 0.25 index points=$12.50

Trading Hours: CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with  trading halt 4:15 p.m. - 4:30 p.m.

* Tip: Click here to read a helpful tip about E-Mini SP futures and options


E-Mini S&P

Below are charts for reference.  

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Latest, Biggest, Busiest

Below is a snapshot with what's going on in the world of options with the most actively traded spreads.

Enlarge by right clicking mouse over each image and select 'open in a new tab'

Here is an illustration of a Jun21 4350/4400 call spread shown in the 2nd column above as a popular spread. I've listed alternatives below.

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es shift 4450 4400put proj

* Tip: Click here on enlarging images


Strategies

Below are alternatives to popular spreads shown above.

The % yield shown in the diagram below represent a model of an estimated return on margin from projected dates shown. Both strategies below have positive time decay (theta) with time working for the position.

Broken Wing Butterfly

Position has positive time decay and benefits from a fall in implied volatility.

es bfly

Calendar Fly

Position has positive time decay and much negative Vega which benefits from a decline in implied volatility as prices rise.

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