Friday, June 22, 2007

IWM vs RUT

I like the IWM spreads but the RUT spreads aren't bad. The only thing I really hate about the DIA / IWM / SPY / Q puts & calls is the amount I need to buy to put my position on. I mean I can sell 20 RUT calls with Tradestation for $20. With the IWM calls it takes 200 calls for the same position ($200). I'm just cheap. Now the SPX bid ask spreads are way too wide. I would trade the SPY's options over the SPX's for that reason.
I'm just whining and still long a few DIA puts ;).

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