3SOF

Public 3SOF Boards => Options => Topic started by: Samantha Stephens on November 19, 2006, 10:23:04 PM

Title: "FREE" spreads ... just curious...
Post by: Samantha Stephens on November 19, 2006, 10:23:04 PM
Have you ever gotten one of these for free or close to free?"

Calendar - same strike. Sold the near ish month and bought the future month for net zero debit.
Diagonal- Sold the near higher strike and bought the future lower strike for net zero .. or close to zero.

By that I mean - Less commissions ...You were able to sell a relatively near month and simultaneously buy a future month @ even... less commissions.

I have this theory that it can be done. I was plinking around one day and I thought I was losing my mind. If you have proof. Please scan info - be sure to remove all pertinent account information and share.
-Samantha
Title: Re: "FREE" spreads ... just curious...
Post by: Samantha Stephens on November 21, 2006, 02:12:54 PM
Or maybe a butterfly (of some sort) where your net credit was = to the difference in strikes? IE ... you got $2.50 credit when you used the 10 & 12.50 strikes?
-Samantha